USD/JPY is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 21 hours.
Related Posts
CHFJPY – approaching a price line that has been previously tested numerous times in the past
CHFJPY is moving towards a key resistance level at 176.6890. CHFJPY has previously tested this level 3 times…
EURCAD – approaching a support line that has been previously tested at least twice in the past
EURCAD is moving towards a support line which it has tested numerous times in the past. We have…
After experiencing 5 consecutive daily bearish candles in the space of 4 days, nobody knows where EURUSD is headed.
EURUSD has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…