What I see!
EURJPY Technical Outlook –
EURJPY remains in a strong uptrend and recently tapped into buy-side liquidity at 173.89, which now marks the All-Time High (ATH). After a brief rejection from that level, price is currently showing signs of a healthy pullback.
I’m observing the 170.00–171.00 zone, which aligns with previous demand. If price continues to respect this area, the overall bullish structure remains intact, with potential for a move back toward (and possibly beyond) the ATH.
A sustained break below 170.00 could indicate room for a deeper pullback, potentially toward the 168.00s, which would be a key area to monitor.
This analysis is shared for educational and discussion purposes only.
EURJPY Technical Outlook –
EURJPY remains in a strong uptrend and recently tapped into buy-side liquidity at 173.89, which now marks the All-Time High (ATH). After a brief rejection from that level, price is currently showing signs of a healthy pullback.
I’m observing the 170.00–171.00 zone, which aligns with previous demand. If price continues to respect this area, the overall bullish structure remains intact, with potential for a move back toward (and possibly beyond) the ATH.
A sustained break below 170.00 could indicate room for a deeper pullback, potentially toward the 168.00s, which would be a key area to monitor.
This analysis is shared for educational and discussion purposes only.
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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.
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.