The EURJPY has been in a descending channel since the beginning of August and is currently in the upper range of aforementioned channel. In addition there is also a horizontal resistance area @129.000.
The only thing that is bothering me a bit is the fact that price is stalling at current level... preferably price touches/pierces resistance and moves away from it soon after. Anyway, still a nice opportunity to watch imo.
The only thing that is bothering me a bit is the fact that price is stalling at current level... preferably price touches/pierces resistance and moves away from it soon after. Anyway, still a nice opportunity to watch imo.