The movement of FTSE 100 towards the resistance line of a Rising Wedge 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: 8501.7238 Entry: 8456.9 Stop: 8437.2
NZDUSD is heading towards the support line of a Channel Down and could reach this point within the next 3 days. It has tested this line numerous times in the
ETHUSD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It
ASX 225 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of ASX 225 could test 8086.3571 within the next 16 hours. It