EURJPY | Approaching to SupportEURJPY is trading in a ascending triangle and price is likely to reach the support zone (130). Two possibilities here;
(a) The support zone will be reactive for the bulls and 130 area will be a good buy zone. We expect price will break the falling trendline as well.
(b) The support zone will be a good point for the bears and they can fake the bulls and price will drop sharply after that.
Trade your levels accordingly.
