EURJPY has been in a strong bullish trend . Th trend was supported by rising wedge. The price has been making higher highs and higher lows.
Now the price has been broken below the rising wedge
The rising wedge will now act as resistance.
The price has trading at horizontal support.
The price may retest the broken support before a major fall.
Manage your levels accordingly.
Now the price has been broken below the rising wedge
The rising wedge will now act as resistance.
The price has trading at horizontal support.
The price may retest the broken support before a major fall.
Manage your levels accordingly.
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