This pair has had one of the largest moves of the day. Currently pushing into the major psychological at 138. It is also pressing into a resistance point that has rejected it twice. Could be a triple top leading to a horizontal channel. If it breaks and closes above 138 then I see a little more upside before a pull back and a continued move north. Happy...
There is a hot decision area now where further movements will show the progress in the future.
in daily chart, we see bullish bat pattern . and we see last daily candle show us exhaustion.. so in my op price will move up. if its not, it will in 138-134 area then go long
EUR/JPY - Red Case more possible? (Because of the shooting star) Facebook: www.facebook.com Twitte: twitter.com
Demand Area - Expecting a 20 Pips move up