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Big movement expected on XRPUSD after a breach of 0.1726

XRPUSD has broken through a line of 0.1726 and suggests a possible movement to 0.1681 within the next 8 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 2 days.

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We expect HE to trend upwards right now.

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We expect a 812 pip movement on MW within 4 hours following the event release.

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