Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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USDJPY has broken through support

Autochartist
2023-01-10

USDJPY has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 130.6575 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

Not investment advice. Past performance does not guarantee or predict future performance.

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