EURJPY Cluster Chart 10-5-16 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 5, 2016 11:53 AM

As expected, PA moved up just a bit to trigger the large buy cluster sitting there causing price to spike up. I think that should be enough buying pressure to make PA continue up to hit the upper sell cluster before we see it fall down.