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gregferns

EUR - JPY

Euro / Japanese Yen (OANDA:EURJPY)  
gregferns Updated   
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
Shorter TF analysis of EUR JPY showing a wedge formation... Or is it a TRIANGLE ??
In my opinion it will breakout on the upperside and touch resistance levels marked in PINK.

Have also added support in case it comes down.
Comment:
My opinion was wrong and it moved downward.... But then it did touch the support levels marked in green (twice) and then moved back up to treat the support as resistance.
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