📈 – 4H Analysis
EUR/JPY is trading within an ascending triangle pattern, with price holding above rising trendline support and repeatedly testing the horizontal resistance near 185.00. The recent breakout above this level signals strong bullish momentum.
As long as price stays above the broken resistance and the ascending trendline, the pair is likely to continue its upward move toward the next targets around 188.00 – 189.00.
Bullish structure remains valid unless price falls back below the trendline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.