USD/JPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a possible target level to be around 142.3138 within the next 23 hours.
Related Posts
EURJPY has broken through a support line. It has touched this line numerous times in the last 9 days.
EURJPY has broken through a support line. It has touched this line numerous times in the last 9…
A Rising Wedge has formed, EURGBP is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
EURGBP is moving towards a resistance line which it has tested numerous times in the past. We have…
CHFJPY is approaching 186.0470. We expect either a breakout through this line, or a rebound.
CHFJPY is en route to a very important line that will be a definite deciding factor of what…