USD/JPY has broken through a line of 137.2910. If this breakout holds true, we could see the price of USD/JPY heading towards 137.9659 within the next 7 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
GBPJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…
After testing the resistance line numerous times, AUDCAD is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Channel Up detected on AUDCAD – the pattern is an emerging one and has not yet broken…
Important price line being approached by EURCAD. This price has been tested numerous times before.
EURCAD is moving towards a resistance line. Because we have seen it retrace from this level in the…