USD/JPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of USD/JPY to test 108.6432 within the next 23 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
NZDUSD experienced a very large 34 days bearish move to 0.59631
Those of you that are trend followers are probably eagerly watching NZDUSD to see if its latest 6.02%…
GBPUSD – breach of price line that’s been previously tested numerous times before
GBPUSD has broken through a resistance line. Because we have seen it retrace from this price in the…
AUDUSD is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 8 days.
Emerging Descending Triangle detected on AUDUSD – the pattern is an emerging one and has not yet broken…