EUR/JPY Coiling in a Triangle Pattern

Bullish: EUR/JPY has been on quite a bull run since the July 2012 low just under 94.00. The daily chart shows a market that has persistent bullish momentum with the RSI tagging above 70 and holding above 40. Triangle: As we start the new year, it has reached the 116.00 handle, but is now stalling…

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EUR/JPY Coiling in a Triangle Pattern