歐元 / 日圓

EURJPY: Rising wedge

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As we can see, the price is forming a rising wedge.
The rising wedge is a signal for bearish. The pressure went weak, so the price may go down after the rising wedge.
We can observe some signals here.
The Volume is going down a little since traders are not confident about the price. The MACD and the RSI are not changing too much.
Let’s wait for more signals.

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