Falling Channel, Bottom Attempt: As you can see in the daily chart, EUR/JPY has been trading down in a falling channel since March this year. The pair was bullish in 2013, but shifted in Q1 of 2014, and has been bearish since Q2. In August, the trend continued, but traders found support at 135.73. EUR/JPY rallied and was able to climb back to the August high at 138, threatening to break the pattern of […]
