USD/JPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of USD/JPY to test 108.1742 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
We expect GBPUSD to trend upwards for the next 2 hours.
Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, GBPUSD could experience an…
USD/JPY has broken through support of a Rising Wedge. It has touched this line at least twice in the last 4 days.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
GBP/USD – breach of a trending resistance line that has been tested at least twice before.
GBP/USD has broken through a resistance line. It has touched this line at least twice in the last…