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

A Bullish Pennant continuation signal has formed on the EURJPY M15 chart. A long position may be considered above the pattern high at 177.26, with the projected move based on the height of the flagpole.

A Bullish Pennant continuation signal has formed on the EURJPY M5 chart. A long position may be considered above the pattern high at 176.31, with the projected move based on the height of the flagpole.

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 176.54 and 176.00, respectively. The pattern width is 54 points. If the price breaks above the upper boundary at 176.54, it is likely to move toward 176.44.

The Double Top reversal pattern has formed on the EURJPY M15 chart. Its upper boundary is at 176.33, its lower boundary is at 176.08, and its width is 24 points. A short position may be considered below the lower boundary at 176.08, with a potential target at 175.85.

The Double Bottom pattern has formed on the EURJPY M15 chart. Its upper boundary is at 175.86, its lower boundary is at 175.72, and its width is 15 points. A break above the upper boundary at 175.86 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 M30 chart. Its upper boundary is at 175.60, its lower boundary is at 175.38, and its width is 23 points. A break above the upper boundary at 175.60 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 M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 175.60. The projected move is based on the pattern width of 23 points.

The Double Bottom pattern has formed on the EURJPY M15 chart. Its support is at 175.89, its resistance is at 176.20, and its width is 31 points. A break above resistance may confirm a trend reversal, with the first target projected 30 points away.

The Bullish Rectangle has formed on the EURJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 175.79 and its lower boundary is at 175.46. A long position may be considered after the price breaks above the upper boundary at 175.79 of the Bullish Rectangle.

The Bullish Rectangle has formed on the EURJPY M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 175.79 and its support is at 175.46. A breakout above the resistance zone at 175.79–175.79 is likely to signal a continuation of the bullish trend.