Gold (XAU/USD) & USD/JPY Trend line Breakout - 15th May 2020

XAU/USD Price Action  :


XAU/USD Hourly chart
XAU/USD Hourly chart 

Gold triangle pattern was broken above 1722 and one swift move has been seen.

Now trendline may act as a support & Retest is better entry for Bulls.

Retest Zone: 1714-1719 

Target 1754

SL: 1705

USD/JPY Price Action :


USD/JPY Hourly Price Action
USD/JPY Hourly Price Action 

This pair has broken downward trendline & taken support near 106.750 and upward momentum is intake.

Resistance is around 108 & 109.200. We may see these levels in a couple of Days.

Trend: Bullish 

Support: 106.750

Resistance:108/1009.200



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