Forex: EUR/JPY Technical Analysis – Bullish Triangle Completed
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Talking Points
Prices broke the to of a Triangle chart pattern, hinting at uptrend continuation
Daily close above 132.77 (61.8% Fib expansion) has exposed 133.91 (76.4% Fib)
A turn back below 132.77 aims for the 131.85-96 area (Triangle top, 50% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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