LTCUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 2 days. 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: 124.4162 Entry: 112.88 Stop: 101.53
USDCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of USDCHF could test 0.9155 within the next 6 hours. It has tested
The movement of GBPUSD towards 1.2578 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
AUDUSD was identified at around 0.66102 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge