USD/JPY has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 155.4349 within the next 22 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Resistance line breached by USD/JPY. This price has been tested at least twice before.
USD/JPY moved through the resistance line of a Falling Wedge at 140.13712698412698 on the 30 Minutes chart. This…
Important price line breached by GBP/USD. This price has been tested numerous times before.
The breakout of GBP/USD through the 1.3155 price line is a breach of an important psychological price that…
AUD/USD – breach of a trending resistance line that has been tested at least twice before.
AUD/USD moved through the resistance line of a Channel Down at 0.6726166666666665 on the 4 hour chart. This…