Wed, Feb 04, 2026 03:24 GMT
More

    EURJPY Wave Analysis

    EURJPY: ⬆️ Buy

    • EURJPY reversed from support area
    • Likely to rise to resistance level 185.30

    EURJPY currency pair recently reversed up from the support area located between the pivotal support level 182.70 (which has been reversing the pair from the start of this year) and the support trendline of the wide daily up channel from October.

    The pair made multiple Japanese candlesticks reversal patterns Doji near the support level 182.70 – signalling the strength of this support level.

    Given the strong daily uptrend, EURJPY currency pair can be expected to rise in the active impulse wave 5 toward the next resistance level 185.30.

    FxPro
    FxProhttp://www.fxpro.co.uk/?ib=606792
    FxPro is an award-winning online broker offering Contracts for Difference (CFDs) on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5. Trading CFDs involves significant risk of loss.

    Latest Analysis

    Learn Forex Trading