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Big movement expected on Travelers Cos Inc. after a breach of 147.38

Travelers Cos Inc. has broken through a line of 147.38 and suggests a possible movement to 150.80 within the next 15 hours. It has tested this line numerous times 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 20 days.

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Important resistance line being approached by EUR/USD. This price has been tested numerous time in the last 8 days

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