USD/JPY has broken through a line of 133.0990. If this breakout holds true, we could see the price of USD/JPY heading towards 131.9066 within the next 2 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.
Related Posts
Important price line breached by AUDUSD. This price has been tested numerous times before.
A strong support level has been breached at 0.6334 on the 1 hour AUDUSD chart. Technical Analysis theory…
GBPJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Rectangle detected on GBPJPY – the pattern is an emerging one and has not yet broken through…
A possible move on AUDJPY as it heads towards support
Emerging Descending Triangle detected on AUDJPY – the pattern is an emerging one and has not yet broken…