USDJPY has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we may see the price of USDJPY testing 146.5109 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
A possible move on EURCAD as it heads towards support
EURCAD is moving towards a support line. Because we have seen it retrace from this line before, we…
Breach of 166.3245 could mean a start of a bearish trend on EURJPY
The price of EURJPY in heading in the direction of 165.8605. Despite the recent breakout through 166.3245 it…
After testing the resistance line numerous times, AUDJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Ascending Triangle pattern in its final wave was identified on the AUDJPY 4 hour chart. After a…