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Big movement expected on LTCUSD after a breach of the support

LTCUSD has broken through a support line of a Triangle and suggests a possible movement to 54.3468 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.

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We expect a $355.414 movement on USDCAD within 12 hours following the event release at 15 Oct 09:00.

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We expect USDJPY to trend downwards with a 71.43% chance.

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