USD/JPY has broken through a line of 139.7990. If this breakout holds true, we could see the price of USD/JPY heading towards 140.9082 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
GBPJPY is approaching 199.2480. We expect either a breakout through this line, or a rebound.
A strong support level has been identified at 199.2480 on the 1 hour GBPJPY chart. GBPJPY is likely…
Breach of support could mean a start of a bearish trend on AUDJPY
AUDJPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true,…
USDJPY has broken through a support line. It has touched this line numerous times in the last 7 days.
A strong support level has been breached at 147.2330 on the 1 hour USDJPY chart. Technical Analysis theory…