This pair has been in a range from 2016. Now in 2020 it seems to be making a beeline towards the lowest point of the range that was started in 2016. Some confluences to support my analysis are. 1. Its heading short to complete the falling wedge pattern and to reach the lower point of range 2. The pair is going to reach that point but will not break it as it is a...
Here, I present the daily analysis for EUR/JPY which I believe is heading long. Some confluences I have presented to support my analysis are 1 Rising wedge chart pattern- A reversal chart pattern, rising wedge breakout generally indicates a trend reversal. According to my analysis price is currently in the lower trend line of rising wedge which is why it is going...