USD/JPY has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of USD/JPY to test 110.1384 within the next 6 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
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Breach of resistance could mean a start of a bullish trend on USD/JPY
December 26, 2019 10:15 am
