USD/JPY has broken through a line of 135.1570. If this breakout holds true, we could see the price of USD/JPY heading towards 135.5879 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
Breach of 0.8640 could mean a start of a bearish trend on AUDCAD
The breakout of AUDCAD through the 0.8640 price line is a breach of an important psychological price that…
USDCAD – It’s perhaps in these huge moves where the greatest opportunity lies
USDCAD has moved lower by 2.39% from 1.42943 to 1.39528 in the last 11 days.
GBPJPY is quickly approaching the resistance line of a Inverse Head and Shoulders. We expect either a breakout through this line or a rebound.
GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…