USD/JPY has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 106.4783 within the next 18 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
USD/JPY has broken through resistance of a Triangle. It has touched this line at least twice in the last 5 days.
