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
Supports and resistances are primary concepts of technical analysis. GBP/USD is heading for an important price of 1.2894 – read about what this could mean for the future.
GBP/USD is moving towards a resistance line. Because we have seen it retrace from this level in the…
Supports and resistances are primary concepts of technical analysis. USD/CAD is heading for an important price of 1.3781 – read about what this could mean for the future.
The movement of USD/CAD towards 1.3781 price line is yet another test of the line it reached numerous…
Interesting opportunity on NZD/USD after breaking 0.5899725
NZD/USD has broken through the resistance line which it has tested twice in the past. We have seen…