Emerging Rectangle pattern in its final wave was identified on the USDJPY 1 hour chart. After a strong bearish run, we find USDJPY heading towards the upper triangle line with a possible resistance at 153.8644. If the support shows to hold, the Rectangle pattern suggests a rebound back towards current levels.
Target: 153.8644 Entry: 155.003 Stop: 155.884
An emerging Triangle has been detected on EURUSD on the 1 hour chart. There is a possible move towards 1.0428 next few candles. Once reaching support it may continue its
USDCAD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it
USDJPY is heading towards a line of 151.5710. If this movement continues, the price of USDJPY could test 151.5710 within the next 2 days. But don’t be so quick to