Past performance is not an indicator of future results.
EURJPY is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EURJPY continues in its current trajectory, we can expect it to reach 125.5870 within the next 2 days.
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