LTCUSD is about to retest a key horizontal resistance level near 85.0000. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 85 Entry: 83.85 Stop: 83.2819
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that
USDJPY is heading towards the resistance line of a Channel Up and could reach this point within the next 13 hours. It has tested this line numerous times in the
ASX 225 is once again retesting a key horizontal resistance level at 8221.0000. It has tested this level 6 times in the recent past and could simply bounce off like