USDCAD is heading towards the support line of a Falling Wedge 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.
Supported by Downward sloping Moving Average
Target: 1.3569 Entry: 1.3614 Stop: 1.3641
ASX 225 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
Nikkei 225 has broken through a line of 38882.0000. If this breakout holds true, we could see the price of Nikkei 225 heading towards 39521.6992 within the next 2 days.
USDCHF has broken through a line of 0.8647 and suggests a possible movement to 0.8612 within the next 7 hours. It has tested this line numerous times in the past,