USD/JPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 143.0969 within the next 8 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
NZDUSD experienced 9 consecutive daily bullish candles to reach a price of 0.5960
After posting 9 consecutive bullish candles in 13 days, you may start considering where NZDUSD is heading next,…
AUDUSD experienced a very large 13 days bullish move to 0.638975
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 4.18%…
EURCHF is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
A Triangle pattern was identified on EURCHF at 0.9297, creating an expectation that it may move to the…