EURJPY has been travelling in an ascending channel ever since the large drop on all fx pairs, It recently broke out of the channel to the downside and has come back up to retest it.
We expect price to now drop to the -0.27 extension level after testing the descending trend line.
We expect price to now drop to the -0.27 extension level after testing the descending trend line.
Trade closed: target reached:
TARGET REACHED