EURJPY M30 Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the EURJPY M30 chart. The head low is at 184.89, while the neckline passes through 185.27/185.30. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.