EUR/JPY has been in a wedge since 21st September and I have been studying this pair a-lot over the last week, A possible retest of the of the 200MA then a drop towards target 1. They is been a big selling market since the 21st of september and we are seeing the response in the market now. 130.208 is a small resistance so if we close above retest will happen.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.