RCP

EURJPY: Interesting day for this pair

FX:EURJPY   Euro / Japanese Yen
Today we have very interesting formation for FX:EURJPY            

First of all we have potential gartley pattern , completion right at the strong resist zone @136.10.
The second option is very interesting. We have a triangle in which price struggles to break the support but finds it hard.

Here is what I think: If price breaks the triangle it is more likely to go low and find resistance in the red zone, consolidate little bit or make a pullback and go back to zone again. If price breaks this support we should be looking the price to go even lower.

Have a nice day.

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