peakbroker

EUR/JPY Weekly Forecast (8th July - 10th July))

Short
peakbroker Updated   
FX:EURJPY   Euro / Japanese Yen
Wedge pattern on the EUR/JPY chart. The wedge usually indicates the correction phase of a trend, this means, the break of the wedge pattern is trend-oriented in most cases. This is also confirmed by the RSI divergence. We also get an excellent risk-reward ratio,for a great short trade.
Comment:
Move SL to BE

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