EURJPY

CUURENTLY P.A IS IN AN AREA OF RESISTANCE(CRITICAL AREA). SELL RESISTANCE AND BUY SUPPORT(TEXT BOOK). ALSO ON THE H4, WE COULD SEE A RISING WEDGE WHICH GIVES US MORE CLUE AS TO WHAT WE EXPECT.WE HAVE TWO SCENARIOS AS DISPLAYED ON THE CHART BUT MY BIAS IS GOING SHORT TO ABOUT 131.800 LVL