[TRADE FORMING] EURJPY Testing Upper Wedge

FX:EURJPY   Euro / Japanese Yen
26 0 3
EURGBP             is tesing the upper TL of the wedge formation, but there are several layers of resistance so it will need to push through. It is currently at the confluence of the 200 and 50 SMAs, a push past the prior resistance level may be enough to set PA rocketing in the range of 422 pips to the upside. Will wait and see, remaining neutral for now.

Thanks for viewing my analysis! Please hit the LIKE button if you agree and FOLLOW me for more analysis!

Please be sure to COMMENT if you have anything at all you'd like to say, I always try to reply in a timely manner!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out