FX.co ★ Patterns EURJPY | Euro (EUR) to Japanese Yen (JPY) Rate in the Forex market

The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. A break below the lower boundary at 178.44 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 38 points.

The Triple Bottom pattern has formed on the EURJPY M5 chart. A break above the confirmation resistance at 179.03 may signal a reversal from a downtrend to an uptrend.

The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. A break below the lower boundary at 178.86 is likely to signal a continuation of the downtrend.

The Bearish Rectangle has formed on the EURJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 179.03 and its lower boundary is at 178.86. A short position may be considered once the price closes below the lower boundary at 178.86 of the Bearish Rectangle.

The Bullish Rectangle has formed on the EURJPY M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 178.65 and its lower boundary is at 178.35. A long position may be considered after the price breaks above the upper boundary at 178.65 of the Bullish Rectangle.

The Double Top reversal pattern has formed on the EURJPY M30 chart. Its upper boundary is at 178.65, its lower boundary is at 177.93, and its width is 72 points. A break below the lower boundary is likely to confirm further downward movement toward 177.63.

The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.35, its lower boundary is at 178.22, and its width is 13 points. A break above the upper boundary at 178.35 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.20, its lower boundary is at 177.81, and its width is 38 points. A break above the upper boundary at 178.20 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.90, its lower boundary is at 178.77, and its width is 13 points. A break above the upper boundary at 178.90 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the EURJPY M5 chart. Its support is at 178.30, its resistance is at 178.50, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 19 points away.