NZDUSD is once again retesting a key horizontal resistance level at 0.6125. 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: 0.6146 Entry: 0.6129 Stop: 0.6114
USDCAD is heading towards the resistance line of a Channel Up. If this movement continues, the price of USDCAD could test 1.3601 within the next 20 hours. It has tested
This trade setup on NZDUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term.
BTCUSD is moving towards a key support level at 63307.5586. BTCUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is