USD/JPY is heading towards a line of 108.7410. If this movement continues, we expect the price of USD/JPY to test 108.7410 within the next 14 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 just like it did in the past.
Related Posts
There is a 66.67% chance of GBPUSD trending upwards
Based on the last 12 BoJ Interest Rate Decision events in Japan, we may expect GBPUSD to trend…
There is a 87.5% chance of NZDUSD trending downwards
Based on the last 12 RBA Interest Rate Decision events in Australia, we could see a $570 movement…
Important price line being approached by NZD/USD. This price has been tested numerous times before.
NZD/USD is approaching a support line at 0.6077. If it hits the support line, it may break through…