FX:EURJPY Euro Fx/Japanese Yen
If you have drawn a channel as seen above in the EURJPY , you can see that the pair has came back down to retest the bottom of the channel. It formed a low test, signaling an upwards continuation. Other confluences that can be seen in the currency pair are the . level, the 138.0 level and the recent golden cross that formed on June 23rd.