EURJPY is reaching extreme resistance

EURJPY rejected from a 137.50

 

EURJPY has reached the long-term rising wedge top. An ongoing rejection could lead to a lower pullback and a retest of previously broken upside resistance 132 and even more down to 129. A break below 134.50 will accelerate the downside reversal pullback

Note: look for the short trade entries with the stop loss above 136

 

 

EURJPY reversal pullback

 

 

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