Live monitoring of the Ascending Triangle setup on EUR/JPY. See where price is heading.
Bullish continuation pattern.
Consolidation. Can break either way.
EUR/JPY is showing interesting structural developments at $186.24. The stock is trading at $186.24, up 0.08% on the day. The primary technical feature is a Ascending Triangle formation. The trend indicator is reading 31.1/100, suggesting moderate momentum. A potential breakout level is identified at $186.65, targeting $190.13 with support near $184.54 (R:R 1.65).
What is your outlook on EUR/JPY?