Live monitoring of the Ascending Triangle setup on EUR/JPY. See where price is heading.
Bullish continuation pattern.
Consolidation. Can break either way.
Market participants tracking EUR/JPY should note the latest formation. Currently at $183.93, the asset is showing upward momentum (0.02%). The primary technical feature is a Ascending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $184.75, targeting $187.64 with support near $182.63 (R:R 1.36).
What is your outlook on EUR/JPY?