ASX 225 is heading towards the resistance line of a Triangle and could reach this point within the next 10 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 8418.6353 Entry: 8405.9 Stop: 8390
USDJPY is moving towards a key resistance level at 152.3030. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price,
USDCHF was identified at around 0.8451 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Down
AUDUSD 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