Wednesday, January 20, 2021

EUR/JPY

 

EUR/JPY
24-Dec-02:00 -> 20-Jan-22:00
Target Level: 125.0905
 
SL: (A) 125.0905 Last TP of Falling Wedge
RL: (B) 126.2100 Last TP of Falling Wedge
Target Period: 2 days
 
Interval4 hour
PatternFalling Wedge
Length61 Candles
Identified19-Jan-22:00
Falling Wedge identified at 19-Jan-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 125.0905 within the next 2 days.
Supported by Downward sloping Moving Average

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