Euro / Japanese Yen
Long

EURJPY: Another Bullish pattern pushing EURJPY to 173

1 011
EURJPY: Another Bullish pattern pushing EURJPY to 173

Yesterday, EURJPY confirmed a bullish triangle pattern during the opening of the U.S. market.

EURJPY has already reached 170.60 and is coming back for a retest of the broken resistance before moving higher again.

It's a complex situation, but if the price holds above the 169.75 pattern, the chances of a clear uptrend will increase further.

Remember that the larger pattern will be almost complete near 173.00.

You may find more details in the chart!
Thank you and Good Luck!


PS: Please support with a like or comment if you find this analysis useful for your trading day

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Note
EURJPY is rising to 173 for a bearish and larger pattern.


EURJPY: The bigger Picture - Open and read the idea

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.