ETHUSD is moving towards a line of 3950.7100 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If ETHUSD continues in its current trajectory, we may see it move towards 3950.7100 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 3950.71 Entry: 3896.26 Stop: 3870.1525
The movement of Nikkei 225 towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test
Nikkei 225 is moving towards a line of 38136.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so
USDCAD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back