The price of USDJPY in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Supported by Upward sloping Moving Average
Target: 147.233 Entry: 147.001 Stop: 146.7031
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that
The movement of GBPUSD towards 1.2578 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
Nikkei 225 is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in