USD/JPY has broken through a resistance 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 8 days and suggests a possible target level to be around 115.6501 within the next 2 days.
ARTÍCULOS RELACIONADOS
USDJPY formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken…
Important price line being approached by NZDUSD. This price has been tested numerous times before.
NZDUSD is moving towards a support line. Because we have seen it retrace from this level in the…
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…