Eur/Jpy is currently stuck in a bearish wedge pattern that is about to draw to an end,
the breakout should be to the downside from this technical pattern:
on the weekly chart we can clearly see the wedge pattern,
which is pointing down - therefore bearish:
Eur/Jpy weekly chart
On the daily chart there is also a closer trendline down to be seen,
and the last two fibonacci expansion levels 61.8% of those last two moves down
are very close together, making for a support area,
which could lead to a …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –