USD/JPY has broken through a resistance line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 146.9988 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
If AUDJPY touches 97.7120 it may be time to take action.
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
Is the extremely large movement on USDCAD a sign of things to come?
USDCAD has experienced an extremely big movement in last 24 days. It may continue the trend, but this…
After testing the resistance line numerous times, NZDUSD is once again approaching this line. Can we expect a bullish trend to follow?
NZDUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in…