USD/JPY has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 137.2891 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Is the EURAUD poised for a turn-around after 7 consecutive bullish Daily candles?
EURAUD has experienced an exceptionally large amount of consecutive bullish candles to reach a price of 1.6684 in…
CHFJPY is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 11 days.
An emerging Falling Wedge has been detected on CHFJPY on the 1 hour chart. There is a possible…
AUDCAD keeps moving closer towards 0.9064. Will it finally breach this level?
AUDCAD is heading towards a line of 0.9064. If this movement continues, the price of AUDCAD could test…