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EURJPY Trading In Rising Wedge.

Euro / Japanese Yen (OANDA:EURJPY)  
Fx_Trader_ViSa  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns EURJPY eurjpyshort eurjpylong Technical Analysis Fibonacci Retracement
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trendanalysis chartpattern eurjpy eurjpyshort eurjpylong technicalanalysis fibonacciretracement
EURJPY is trading in the rising wedge as it is also trading a 50% level of Fibonacci retracement level as we can see EURJPY may see a little correction on the downside before going in upside direction. As long term trend is on the upside, one can trade on the long side once the 38% level of Fibonacci retracement.

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