The breakout of USD/JPY through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of USD/JPY to test 109.1435 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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After testing support twice in the past, USD/JPY has finally broken through. Can we expect a bearish trend to follow?
December 23, 2019 6:08 pm
