USDJPY is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. 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.
Target: 148.261 Entry: 147.624 Stop: 147.143
Broke through Support level of 326.61 at 12/17 22:30. Possible bearish price movement forecast for the next 4 days towards 304.20. Target: 386.08 Entry: Stop: 326.12
ASX 225 is heading towards the support line of a Channel Up. If this movement continues, the price of ASX 225 could test 7888.3636 within the next 3 days. It
Broke through Support level of 8,910.0000 at 10/29 09:00. Possible bearish price movement forecast for the next 2 days towards 8,812.3200. Target: 9003.702 Entry: Stop: 8892.9