USD/JPY has broken through the support line of a Triangle. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 108.4437 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, GBPJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…
EURUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we…
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…