The last 5 1 hour candles on USD/JPY formed a Flag pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 157.4927.
Interesting opportunity on USD/JPY after breaking 157.73863636363637
Related Posts
If you’re long NZD/USD you should be aware of the rapidly approaching level of 0.6128
NZD/USD is about to retest a key horizontal support level near 0.6128. It has tested this level 4…
A possible move by AUD/USD towards 0.6687
AUD/USD has broken through a support line of a Channel Up chart pattern. If this breakout holds true,…
USD/CHF is approaching 0.8422. We expect either a breakout through this line, or a rebound.
USD/CHF is heading towards a line of 0.8422. If this movement continues, the price of USD/CHF could test…