EURJPY: Bullish Outlook Explained 🇪🇺🇯🇵

٢٥ مايو

https://www.tradingview.com/x/BlFjBzsN/

This week, EURJPY broke and closed above a key daily structure resistance.
After a breakout, the broken structure turned into support and was retested.

Retesting that, the market started to consolidate within a horizontal range
on a 4h time frame.

A bullish violation of the resistance of that range is an important
intraday bullish confirmation and sign of strength of the buyers.

I think that growth will continue next week at least to 171.0 level.

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