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chrisheaney22

Has GBPCAD found resistance at 1.76828?

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Paun British / Dolar Kanada (OANDA:GBPCAD)  
chrisheaney22  
OANDA:GBPCAD   Paun British / Dolar Kanada
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
We see that price has run into the 1.76828 level again, going overbought on the RSI in the process. It's showing early signs of breaking the linear support in the trend line which has been forming a bullish wedge pattern. We can look for further confirmation in the crossing of the 20 period EMA. We could see a short opportunity in the coming hours/days.
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