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After testing 108.1600 numerous times, USD/JPY has finally broken through. Can we expect a bullish trend to follow?

The breakout of USD/JPY through the 108.1600 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of USD/JPY to test 108.7666 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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UK100 is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 39 days.

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NZD/USD moves higher to 0.671 in the last 15 days.

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