EUR/JPY – approaching a resistance line that has been previously tested at least twice in the past

Either a rebound or a breakout imminent on EUR/JPY
EUR/JPY is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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