This EDGE chart is simple. There is a massive breakout looming in the EUR/JPY. It’s a triangle in a bullish trend. Most would “think” it breaks higher, but the problem is that is should have broke higher weeks ago with equities surging higher. Below 140.00 and a breakdown could be severe. Above 142.50 and the uptrend continues.

Blake Morrow

Chief Currency Strategist, Wizetrade