Nikkei 225 is heading towards the resistance line of a Channel Down 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.
Target: 38736.75 Entry: 38123 Stop: 37614
EURUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it
AUDUSD is about to retest a key horizontal resistance level near 0.6544. It has tested this level 5 times in the recent past and could simply bounce off like it
AUDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a