The movement of USD/JPY towards 146.9020 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
Could a large bullish move on EURCAD be a sign of things to come?
EURCAD hits 1.48201 after a 1.74% move spanning 5 days.
A Falling Wedge has formed, GBPJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
GBPJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…
After testing 0.6494 numerous times, AUDUSD has finally broken through. Can we expect a bearish trend to follow?
AUDUSD has broken through a line of 0.6494 and suggests a possible movement to 0.6470 within the next…