A strong resistance level has been breached at 148.3100 on the 1 hour USD/JPY chart. Technical Analysis theory forecasts a movement to 148.7768 in the next 16 hours.
Breach of 148.3100 could mean a start of a bullish trend on USD/JPY
Related Posts
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…
After trying numerous times in the past, CHFJPY finally breaks 174.3430!
The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it…