The movement of USDCAD towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Supported by Upward sloping Moving Average
Target: 1.3844 Entry: 1.3791 Stop: 1.3764
AUDUSD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for
ASX 225 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or
NZDUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it