USD/JPY has broken through a line of 142.6550. If this breakout holds true, we could see the price of USD/JPY heading towards 140.6884 within the next 4 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
EURJPY has broken through a support line. It has touched this line numerous times in the last 9 days.
EURJPY has broken through a support line. It has touched this line numerous times in the last 9…
A Rising Wedge has formed, EURGBP is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
EURGBP is moving towards a resistance line which it has tested numerous times in the past. We have…
CHFJPY is approaching 186.0470. We expect either a breakout through this line, or a rebound.
CHFJPY is en route to a very important line that will be a definite deciding factor of what…