Eur/Jpy Has Left The channel again but Will It Close Here?
Look at this channel... And it is a channel! It is more clear with a line chart showing closing prices. Price keeps leaving this channel and has left it many times since 2022 , and never 1 time closed outside of this channel. I do not believe this current price will close outside of this channel.
This leads me to believe that we should sell right now.
I know a sell seems impossible... but we have some evidence that price will not close here.