ETHJPY has broken through a support line of a Rising Wedge and suggests a possible movement to 534299.8604 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Bulls aim for 534299.8604 after the ETHJPY triggered a bearish formation on the 30 Minutes chart
