Wedge formations are usually continuation patterns so bulls can consider buying near 114.30 with a tight-ish stop below 114.10, yesterday’s low.
EUR/JPY technicals: Wedge formation on hourly chart with support near 114.30
January 8, 2013
Wedge formations are usually continuation patterns so bulls can consider buying near 114.30 with a tight-ish stop below 114.10, yesterday’s low.