EUR/JPY Making Higher-High and Lower-Low Pattern in the Wedges.

Currently, EUR/JPY is trading at 118.60. From the last week, this pair is trading in uptrend and making a higher-high and lower-low pattern. The price is about to break its resistance level at 118.10. If it breaks the level of resistance at 118.10, it may enter into a longer uptrend and then the next resistance and target price will be at 120.22.

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Rishikesh Lilawat