EURJPY Trading In Rising Wedge.

EURJPY is trading in the rising wedge as it is also trading a 50% level of Fibonacci retracement level as we can see EURJPY may see a little correction on the downside before going in upside direction. As long term trend is on the upside, one can trade on the long side once the 38% level of Fibonacci retracement.

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Note- Trade With Proper Risk Management System Only

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Chart PatternsEURJPYeurjpylongeurjpyshortFibonacci RetracementTechnical AnalysisTrend Analysis

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