USD/JPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
Related Posts
AUD/USD seems to be on its way to resistance – a possible opportunity?
AUD/USD is heading towards 0.6670 and could reach this point within the next 3 days. It has tested…
We expect a $310 movement on AUDUSD within the next 4 hours.
Based on the last 12 Inflation Rate YoY Prel events in Italy, we could see a $310 movement…
We expect EURUSD to trend upwards right now.
Based on the last 12 Inflation Rate YoY Prel events in France, we could see a $210 movement…