EURJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 20 hours.
After testing the resistance line numerous times, EURJPY is once again approaching this line. Can we expect a bullish trend to follow?
