USD/JPY has broken through a line of 135.5970. If this breakout holds true, we could see the price of USD/JPY heading towards 137.3487 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
After testing resistance twice in the past, EURJPY has finally broken through. Can we expect a bullish trend to follow?
You would be well advised to confirm the breakout that has just occurred – do you believe the…
Could a large bearish move on AUDNZD be a sign of things to come?
AUDNZD hits 1.0843 after a 0.72% move spanning 11 hours.
EURCAD may be on a start of a new bullish trend after its breakout through this important resistance level
EURCAD has broken through a resistance line. Because we have seen it retrace from this price in the…