EUR-JPY Bearish Bias! Sell!
Hello,Traders!
EUR-JPY is trading in an uptrend in a rising wedge
But the pair has hit a weekly resistance level
From where we are seeing a nice bearish reaction
I think that we will see a correction from the current levels
And therefore, I am expecting a breakout of the wedge
With the subsequent retest of broken support
And even potentially of the horizontal level again
Followed by a move down towards the rising trend line
Sell!
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