USD/JPY is heading towards 131.5790 and could reach this point within the next 5 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ARTÍCULOS RELACIONADOS
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…