USDJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of USDJPY could test 145.9816 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
It’s time to make a decision on EURAUD – its recent breach of 1.7922 could be a sign of a new trend to follow.
The price of EURAUD in heading in the direction of 1.8023. Despite the recent breakout through 1.7922 it…
A Channel Up has formed, EURCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on EURCAD at 1.6092, creating an expectation that it may move to…
Could 8 consecutive daily bullish candles on GBPJPY be a sign of things to come?
GBPJPY has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the 0.98…