USD/JPY has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a target line to be around 107.8679 within the next 9 hours.
Related Posts
USD/JPY – It’s perhaps in these huge moves where the greatest opportunity lies
USD/JPY has experienced an exceptionally large movement higher by 5.13% from 147.067 to 154.615 in the last 43…
If EUR/USD touches 1.0655 it may be time to take action.
EUR/USD is moving towards a key resistance level at 1.0655. EUR/USD has previously tested this level 4 times…
We expect NZDUSD to trend upwards right now.
Based on the last 12 Retail Sales MoM events in United Kingdom, we could see a $1010 movement…