GBPJPY moved through the resistance line of a Falling Wedge at 188.62016129032259 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 189.4068.
Related Posts
Supports and resistances are primary concepts of technical analysis. USDCHF is heading for an important price of 0.9132 – read about what this could mean for the future.
USDCHF is approaching a resistance line at 0.9132. If it hits the resistance line, it may break through…
After experiencing a 1.94% bearish move in the space of 12 days, nobody knows where EURCAD is headed.
EURCAD experienced an extremely large move that lasted 12. This movement is in the 5.0 percentile and is…
AUDUSD heading towards a price it has tested 5 times in the recent past.
AUDUSD is moving towards a key support level at 0.6246. AUDUSD has previously tested this level 5 times…