USD/JPY hits 141.735 after a 4.71% move spanning 12 days

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 4.71% move on USD/JPY. The movement has happened over the last 12 days. For those trend followers among you, you may think about riding this possible trend.

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USD/JPY hits 141.735 after a 4.71% move spanning 12 days

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USD/JPY a atteint 141.735 après un mouvement de 4,71% en 12 jours

Bulls aim for 1.2540 after the GBPUSD triggered a bearish formation on the 4 hour chart

EURAUD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.

Supports and resistances are primary concepts of technical analysis. GBPJPY is heading for an important price of 192.1150 – read about what this could mean for the future.

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USD/JPY hits 141.735 after a 4.71% move spanning 12 days

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