EURJPY - Look for Continuation Long (SWING) 1:2!

EURJPY is somewhat correlated with GBPJPY, which currently shows no signs of going bearish.

After solidly breaking the monthly support and executing a nice pullback, EURJPY reacted firmly on the support with a few strong hourly candlesticks.

Like GBPJPY, we need to wait for it to break the current resistance before going long. Look for a strong bullish candlestick and a firm correction before entering.

Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!