USD/JPY has broken through a line of 151.8410 and suggests a possible movement to 152.1229 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Related Posts
AUD/USD – breach of price line that’s been previously tested numerous times before
AUD/USD has broken through a resistance line. Because we have seen it retrace from this price in the…
Big movement possible on USD/JPY after a breach of 154.4560
The price of USD/JPY in heading in the direction of 152.0906. Despite the recent breakout through 154.4560 it…
We expect USDCAD to trend upwards for the next 4 hours.
We expect a $343 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards…