USD/JPY is heading towards a line of 138.3290. If this movement continues, the price of USD/JPY could test 138.3290 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Related Posts
After testing resistance twice in the past, EURJPY has finally broken through. Can we expect a bullish trend to follow?
You would be well advised to confirm the breakout that has just occurred – do you believe the…
Could a large bearish move on AUDNZD be a sign of things to come?
AUDNZD hits 1.0843 after a 0.72% move spanning 11 hours.
EURCAD may be on a start of a new bullish trend after its breakout through this important resistance level
EURCAD has broken through a resistance line. Because we have seen it retrace from this price in the…