🎯 Chart Of The Day: EUR/JPY
👉Following the downside move from early this month, The EUR/JPY is currently establishing support at 122.50 for a possible uptrend continuation. Price also formed a descending wedge on the intraday timeframe which is a sign of bullish reversal. Resistance will come at 124.50, a break above that level would signal the pair for more upside move.
👉Following the downside move from early this month, The EUR/JPY is currently establishing support at 122.50 for a possible uptrend continuation. Price also formed a descending wedge on the intraday timeframe which is a sign of bullish reversal. Resistance will come at 124.50, a break above that level would signal the pair for more upside move.