USD/JPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a possible target level to be around 142.3138 within the next 23 hours.
ARTÍCULOS RELACIONADOS
Because EURCAD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
EURCAD is approaching the resistance line of a Channel Up. It has touched this line numerous times in…
GBPCHF seems to be on its way to support – a possible opportunity?
GBPCHF is moving towards a key support level at 1.0950. GBPCHF has previously tested this level 3 times…
USDCHF has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
Due to the rate of consecutive bearish candles on USDCHF Daily chart we could be in for a…