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Big movement expected on NAS100 after a breach of the resistance

NAS100 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 7949.3535 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 15 days.

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After testing the resistance line numerous times, USD/CHF is once again approaching this line. Can we expect a bullish trend to follow?

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Resistance line breached by 3m Co.. This price has been tested at least twice before.

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