USDCHF 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: 0.8879 Entry: 0.8826 Stop: 0.8777
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
LTCUSD has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 60.8950 within the next
Emerging Channel Up detected on USDCHF – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the