EURJPY Trading In Rising Wedge.

OANDA:EURJPY   Euro / Japanese Yen
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.

Like/Comment/Follow For More Idea.
Note- Trade With Proper Risk Management System Only



The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.