USD/JPY has broken through a support line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 152.7902 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
AUDJPY is currently testing a level of 91.4090. Will the breakout continue or will things reverse?
AUDJPY has breached the resistance line at 91.4090. It may continue the bullish trend towards 93.0515, or, it…
Could a large bearish move on EURGBP be a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
After testing the resistance line numerous times, EURCHF is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Channel Up pattern in its final wave was identified on the EURCHF 1 hour chart. After a…