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
AUDCAD keeps moving closer towards 0.9064. Will it finally breach this level?
AUDCAD is heading towards a line of 0.9064. If this movement continues, the price of AUDCAD could test…
AUDNZD formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
Emerging Falling Wedge pattern in its final wave was identified on the AUDNZD 4 hour chart. After a…
AUDUSD experienced 4 consecutive daily bearish candles to reach a price of 0.6239
AUDUSD has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 0.6239 in…