USD/JPY is heading towards a line of 108.7410. If this movement continues, we expect the price of USD/JPY to test 108.7410 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
After testing 0.9094 numerous times, USD/CHF has finally broken through. Can we expect a bearish trend to follow?
USD/CHF has broken through 0.9094 which it has tested numerous times in the past. We have seen it…
It’s time to make a decision on EUR/USD – its recent breach of 1.0739 could be a sign of a new trend to follow.
EUR/USD has breached the resistance line at 1.0739. It may continue the bullish trend towards 1.0765, or, it…
Important price line being approached by NZD/USD. This price has been tested numerous times before.
NZD/USD is about to retest a key horizontal resistance level near 0.5993. It has tested this level 3…