EURJPY : Price Action Analysis & Bullish Continuation
📈The EURJPY currency pair has shown two bullish patterns. Initially, it traded within a falling wedge pattern, and then it formed a cup and handle pattern within the wedge.
However, the price broke both the neckline of the pattern and a resistance line of the wedge with two consecutive 4-hour candles. As a result, I anticipate a bullish continuation up to the level of 162.00.👍✅
However, the price broke both the neckline of the pattern and a resistance line of the wedge with two consecutive 4-hour candles. As a result, I anticipate a bullish continuation up to the level of 162.00.👍✅
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