USD/JPY has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 129.5630 within the next 10 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
A possible move on AUDCAD as it heads towards resistance
AUDCAD was identified at around 0.895865 having recently rebounded of the support on the 4 hour data interval.…
Will AUDJPY break through the support level it tested before?
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
NZDUSD experienced 5 consecutive daily bullish candles to reach a price of 0.6062
After posting 5 consecutive bullish candles in 8 days, you may start considering where NZDUSD is heading next,…