USD/JPY is heading towards the support line of a Triangle. If this movement continues, we expect the price of USD/JPY to test 105.6400 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
ARTÍCULOS RELACIONADOS
Important price line being approached by EURCAD. This price has been tested numerous times before.
EURCAD is moving towards a resistance line. Because we have seen it retrace from this level in the…
GBPCHF experienced a very large 36 days bearish move to 1.07788.
GBPCHF hits 1.07788 after a 3.12% move spanning 36 days.
GBPUSD formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on GBPUSD – the pattern is an emerging one and has not yet broken…