EUR/JPY is heading towards the resistance line of a Triangle. If this movement continues, the price of EUR/JPY could test 137.6490 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Supported by RSI below 40
Chart 4 hour
Pattern Triangle
Length 64 Candles
Identified 24-Aug-2022 20:00 UTC