The movement of USD/JPY towards 134.3530 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
USD/JPY seems to be on its way to support – a possible opportunity?
USD/JPY is approaching a support line at 160.8370. If it hits the support line, it may break through…
We expect NZDUSD to trend upwards right now.
Based on the last 12 Balance of Trade events in Australia, NZDUSD may trend upwards for the next…
USD/CHF seems to be on its way to support – a possible opportunity?
USD/CHF is about to retest a key horizontal support level near 0.8969. It has tested this level 4…