PAIR IN FOCUS: EURJPY BIAS: BULLISH HORIZON: SHORT TO MEDIUM-TERM
Price has nicely broken above structures and nearing a higher time frame structure zone. Before that, price could retrace down to retest the broken structure around the 125.50 range before the climb to the targeted structure zone. Look for bullish price action during the retest before any long entries. If price breaks down the 125.50 range strongly, this setup will be invalidated.