USD/JPY moved through the resistance line of a Falling Wedge at 140.13712698412698 on the 30 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 140.7848.
Related Posts
Interesting opportunity on AUDJPY after breaking 93.73977777777779
Triangle pattern identified on AUDJPY has broken through a resistance level with the price momentum continuing to move…
Is the extremely large movement on EURCAD a sign of things to come?
EURCAD has moved higher by 5.33% from 1.48387 to 1.56292 in the last 23 days.
Supports and resistances are primary concepts of technical analysis. EURCHF is heading for an important price of 0.9513 – read about what this could mean for the future.
The price of EURCHF in heading back to the support area. It is possible that it will struggle…