Rising Wedge pattern identified on USD/JPY has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 148.6639 in the next 2.
Related Posts
After testing the support line numerous times, AUDNZD is once again approaching this line. Can we expect a bearish trend to follow?
The movement of AUDNZD towards the support line of a Channel Down is yet another test of the…
Breach of 93.1950 could mean a start of a bearish trend on AUDJPY
AUDJPY has broken through a support line. Because we have seen it retrace from this price in the…
An unexpected large move has occurred on EURCAD 1 hour chart! Is this a sign of something new? What can we expect?
Those of you that are trend followers are probably eagerly watching EURCAD to see if its latest 0.75%…