Aurum Markets Blog Technical Analysis Resistance breakout on USDJPY

Resistance breakout on USDJPY

Resistance breakout on USDJPY post thumbnail image

A strong resistance level has been breached at 154.6040 on the 30 Minutes USDJPY chart. Technical Analysis theory forecasts a movement to 155.3544 in the next 21 hours.

Supported by Upward sloping Moving Average

Target: 155.3544 Entry: 154.719 Stop: 154.1921

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