
EUR/JPY has finally managed to close the overnight "gap" and is now consolidating around last week's high level. The price at 186.860 is holding back the growth, and if it breaks upwards, this weekly candle will turn bullish, which will negatively affect the decline. Currently, the pair is at the upper boundary of the ascending channel formed by connecting the maximum and minimum extremes, and as long as it does not exit its boundaries, the optimal option will be trading from its edges. Sell from the upper and buy from the lower.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade