USD/JPY has broken through a line of 109.3400. If this breakout holds true, we expect the price of USD/JPY to test 108.8469 within the next 4 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
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Breach of 109.3400 could mean a start of a bearish trend on USD/JPY
December 20, 2019 6:06 am
