USD/JPY has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 139.2502 within the next 17 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
EURCAD is approaching 1.6008. We expect either a breakout through this line, or a rebound.
EURCAD is moving towards a key support level at 1.6008. EURCAD has previously tested this level 5 times…
Could 6 consecutive daily bearish candles on EURCHF be a sign of things to come?
EURCHF has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…
A possible move on AUDCAD as it heads towards resistance
AUDCAD was identified at around 0.895865 having recently rebounded of the support on the 4 hour data interval.…