Will EURJPY have enough momentum to break resistance?

EURJPY is heading towards the resistance line of a Rising Wedge and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Past performance is not an indicator of future results.
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