USD/JPY is heading towards a price line of 109.2070 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.4871 – read about what this could mean for the future.
EURCAD is approaching a support line at 1.4871. If it hits the support line, it may break through…
AUDUSD moves lower to 0.62433 in the last 26 days.
AUDUSD hits 0.62433 after a 4.12% move spanning 26 days.
GBPUSD through 1.2532376923076922. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2489?
GBPUSD has broken through a support line. It has touched this line at least twice in the last…