BCNUSD prices recently broke out to the upside from the middle of the price channel but seem to be having some stiff resistance trying to break out at the top of the price channel.
The current price candle needs to close above the price channel and also 0.00739286 before we could see further moves to the upside. If successful then the next two targets/resistance around 0.00781808 - 0.00811928
Failure could see prices fall to around the following support 0.00705622, 0.00675502, 0.00634751
The current price candle needs to close above the price channel and also 0.00739286 before we could see further moves to the upside. If successful then the next two targets/resistance around 0.00781808 - 0.00811928
Failure could see prices fall to around the following support 0.00705622, 0.00675502, 0.00634751