A new opportunity for the EUR/JPY pair is coming soon.

The EUR/JPY pair is still moving in a strong uptrend.

This comes after breaking through daily resistance areas,

 which prompted the pair to continue its upward movement and form new demand zones.

The recent areas from which it previously rose, shown on the chart,

located at 168.38, are still good areas.

The movement thus far supports the continued upward movement.

In addition, the areas coincide with the ascending trend line shown on the chart.

If the demand zones are retested again,

 it is expected to rise from them to the indicated targets of 169.00 and 169.80, respectively.

Of course, the analysis fails to break the demand zones and the uptrend,

and close below them with a full candle.

If the demand zones and the trend are broken, we may see further declines for the pair.

We may test the next support zones near the 166.40 levels.

In any case, when trading, please trade with a low risk not exceeding 2%.