USD/JPY – resistance line breached

USD/JPY - resistance line breached
USD/JPY has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 140.3731 within the next 7 hours.

Want to get full Autochartist Access including the Autochartist Market Scanner, email reports,
Mobile App, and the full Autochartist Web App?

Subscribe here: ChartViper Subscriptions