BTCJPY has broken through a support line of a Channel Up and suggests a possible movement to 1.2542E+07 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 11 days.
A possible move by BTCJPY towards 1.2542E+07
