Receive the latest alerts via email

USD/JPY has broken through resistance of a Channel Down. It has touched this line at least twice in the last 9 days.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 142.8307 but consider reducing the size of your position as the price gets closer to that target.

Total
0
Shares
Previous Post

After experiencing a 3.5% bearish move in the space of 11 hours, nobody knows where LTCBTC is headed.

Next Post

A final push possible on GBP/USD as it starts approaching a price line of 1.3107.

Related Posts