USD/JPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 143.0969 within the next 8 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
A possible move on AUDJPY as it heads towards support
Emerging Descending Triangle detected on AUDJPY – the pattern is an emerging one and has not yet broken…
Will EURCAD break through the support level it tested before?
EURCAD is moving towards a key support level at 1.4837. This is a previously tested level for EURCAD.…
EURGBP – It’s perhaps in these huge moves where the greatest opportunity lies
Those of you that are trend followers are probably eagerly watching EURGBP to see if its latest 0.32%…