Aggressive entry would be now entering at a current market price - 135.200
Conservative entry would be as the chart expains, wait for a break through trendline, retest and sell,lookout for possible support zones 134.400 and 131.250, break below 131.250 will expose further down trend towards 128.400 then 125.300
Be in the lookout and trade safe
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EURJPY Challenges Key Resistance at 136.60
- Rising wedge resistance comes in at 137.20/30, which is an area that’s sure to trigger an influx of selling pressure.
- A close below that trend line would open the door to former range support at 131.40 followed by 128.30.