The breakout of USD/JPY through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of USD/JPY to test 108.5965 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
A Channel Up has formed, EURUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
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