CapMoore

PA reaching end of Triangle. Levels to watch.

FX:EURJPY   Euro Fx/Japanese Yen
177 1 2
PA trades below Monthly PP which has acted as support
twice. A triangle pattern is formed as well succeding
Bearish Divergence (which perhaps has been partly
unwinded as recent tops/bottoms lack divergence).
For Bulls to return the grip Price needs to take out tops
at Monthly PP and tobreak the triangle.
Monthly PP has acted as Resistance of course.
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