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EUR/JPY Technical Analysis

Long
Euro / Japanese Yen (OANDA:EURJPY)  
traderpulse  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns EURJPY eurjpylong eurjpysignal eurjpytrade eurjpyforecast eurjpyprediction eurjpyanalysis eurjpybuy eurjpyshort
6
0
trendanalysis chartpattern eurjpy eurjpylong eurjpysignal eurjpytrade eurjpyforecast eurjpyprediction eurjpyanalysis eurjpybuy eurjpyshort

The pair did a long accumulation in the form of an inverted head and shoulder pattern.
It finally broke out and has been consolidating in an ascending triangle (continuation) pattern since then.
Hence, we expect the pair to have a strong bull run when it breaks the resistance level of 122.5.
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