Emerging Channel Down detected on EURJPY – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 160.339 and it is expected to move to 157.8348.
Related Posts
After testing the resistance line numerous times, EURJPY is once again approaching this line. Can we expect a bullish trend to follow?
EURJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…
GBPCHF keeps moving closer towards 1.0869. Will it finally breach this level?
The price of GBPCHF in heading back to the resistance area. It is possible that it will struggle…
GBPJPY has broken out from the Falling Wedge pattern. Expect it to hit 197.7283 soon.
GBPJPY has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen…