FX.co ★ jerome82 | EUR/JPY

As of today, the EUR/JPY currency pair continues to move within an ascending channel, this information makes it possible to understand that buyers still retain control. After an attempt to stay below the 183.60 level, growth began. I expect that in the near future the price of the currency pair will move approximately in the range from 183.90 to 184.30. At the current moment, the 183.90 level is the nearest resistance; if the price is able to cross this level, this may become one of the first signals that movement toward 184.30 is likely to begin, although a pullback may also occur. However, it is important to take into account that the price is now below this point, and the priority movement remains bullish.