USD/JPY has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 138.7629 within the next 13 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
USD/JPY seems to be on its way to support – a possible opportunity?
USD/JPY is moving towards a key support level at 160.7210. This is a previously tested level for USD/JPY.…
USD/JPY seems to be on its way to support – a possible opportunity?
USD/JPY is approaching a support line at 160.8370. If it hits the support line, it may break through…
We expect NZDUSD to trend upwards right now.
Based on the last 12 Balance of Trade events in Australia, NZDUSD may trend upwards for the next…