EUR/JPY: Still operating in a wedge formation
I’ve posted the 2-hour chart in the members section. It’s been forming a wedge pattern over the last 10 days and these formations are usually consolidative ie more gains favoured in this case alongside the dominant bull trend.
The edges currently sit near 128.80/130.40 so I’d suggest playing these with a mild bullish bias and tight stops either side. The 128.80 level is also bolstered technically by recent hourly lows.