Entered the U.S. dollar / Japanese yen in ascending triangle since half of June, after the failure of the price to break the falling trend, which is the top line of the triangle Aktar than three attempts and then return to the bottom line of the triangle any upward trend line since the beginning of the week
Unsuccessful attempt to penetrate the price upward trend since the beginning of this week, more than once, failing which gave more importance to this line, In the case of broken price automatically becomes outside the triangle and sellers more powerful. Waiting for the next few hours to see if the price was penetrate a rising trend line or you will fall back to the top line of the triangle before any decision to trade
If you break the rising trend becomes a line of 96.92, a line of support and the first goal for the price, and the opposite could see a rebound in the price towards the resistance line 98.41 and then the top line of the triangle addition shows the RSI that pair sums to sell, the more approached index of the 30 line becomes exaggerated and selling potential rebound becomes more realistic
It is also possible that the upward price trend breaks and then come back and rises, This deceptive broken called
Support lines: 96.92 and 95.62
Line resistance: 98.41
Unsuccessful attempt to penetrate the price upward trend since the beginning of this week, more than once, failing which gave more importance to this line, In the case of broken price automatically becomes outside the triangle and sellers more powerful. Waiting for the next few hours to see if the price was penetrate a rising trend line or you will fall back to the top line of the triangle before any decision to trade
If you break the rising trend becomes a line of 96.92, a line of support and the first goal for the price, and the opposite could see a rebound in the price towards the resistance line 98.41 and then the top line of the triangle addition shows the RSI that pair sums to sell, the more approached index of the 30 line becomes exaggerated and selling potential rebound becomes more realistic
It is also possible that the upward price trend breaks and then come back and rises, This deceptive broken called
Support lines: 96.92 and 95.62
Line resistance: 98.41
