AKRAIEM47

Wedge breakout and retest

Long
AKRAIEM47 Updated   
OANDA:EURJPY   Euro / Japanese Yen
the price is testing a previous support that becamed high resist level with a break of descending wedge and retest and a possible bullish engulfing forming on the 4 h .
This retest match the 0.786 fib lvl
the fondamental analysis shows growth on euro and weakness on yen so possible long
Comment:
bullish engulfing formed
cross over 200 ema
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