Since 2/26, trade in the EURJPY appears to have unfolded as a contracting triangle. A dip to support at 123.50 would possibly complete the triangle and give scope to a break above 126.12. The triangle is valid as long as price is above 121.71.
Since 2/26, trade in the EURJPY appears to have unfolded as a contracting triangle. A dip to support at 123.50 would possibly complete the triangle and give scope to a break above 126.12. The triangle is valid as long as price is above 121.71.