USDJPY is heading towards the resistance line of a Channel Up and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 157.7255 Entry: 157.283 Stop: 156.893
NAS 100 is approaching a resistance line at 18056.2637. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn
The movement of ETHUSD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could
AUDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a