EUR/JPY has broken through a resistance line of a Double Bottom and suggests a possible movement to 121.6420 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a […]

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GBP/USD has broken through the resistance line of a Double Bottom technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 10 days and suggests a target line to be around […]

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