Analysis: EURJPY formed a few Double-Bottom (bull) price patterns that are nicley visible on the Monthly Chart.
More recently EURJPY has formed a Reverse Triangle consolidation pattern. Should this pair take out resistant levels between 130.00-135.00, it could literally blow the roof off, and go much higher.
That being said, we could possibly be in massive move in this pair.
More recently EURJPY has formed a Reverse Triangle consolidation pattern. Should this pair take out resistant levels between 130.00-135.00, it could literally blow the roof off, and go much higher.
That being said, we could possibly be in massive move in this pair.