This is Weekly Chart of EUR/JPY
We can see Price has broken triangle shown in blue lines
But it faces resistance at red line levels..
Breaking above it can show nice upside movement ...
even Ichimoku shows signs of bullishness...
If Price faces a resistence,
Expecting price to break black line and retest few lower levels before gaining momentum to move futhure upside ...
We can see Price has broken triangle shown in blue lines
But it faces resistance at red line levels..
Breaking above it can show nice upside movement ...
even Ichimoku shows signs of bullishness...
If Price faces a resistence,
Expecting price to break black line and retest few lower levels before gaining momentum to move futhure upside ...