EURJPY – Moving higher in an AB=CD formation

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Monthly: Posted a bearish Outside Month in March. This pattern often highlights the top of a trend and the start of a new downward bias. Last months price action posted an indecisive Inside Month. Expect trading to remain mixed and volatile while price action stays within the Ichimoku Cloud. Cloud resistance is located at 132.55 Weekly: Hold within an Expanding Wedge formation. This pattern...