
Best Buying Areas for the EUR/JPY Pair.
The EUR/JPY pair has managed to break through daily resistance areas,
which has finally led the pair to complete its uptrend.
Currently, the pair has managed to establish new demand areas on the weekly, daily, and 4-hour time frames.
This provides a strong indication of buyer control.
If the pair returns to the 4-hour demand areas,
defined on the chart, it is expected to resume its upward movement.
An upward move is expected to reach the targets indicated on the chart.
It is not currently advisable to look for any selling activity.
Rather, it is better to wait for a correction and look for buying activity.