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

The Double Bottom pattern has formed on the EURJPY M15 chart. Its support is at 185.41, its resistance is at 185.75, and its width is 34 points. A break above resistance may confirm a trend reversal, with the first target projected 33 points away.

The Double Bottom pattern has formed on the EURJPY M5 chart. Its support is at 185.41, its resistance is at 185.75, and its width is 34 points. A break above resistance may confirm a trend reversal, with the first target projected 33 points away.

The Double Bottom pattern has formed on the EURJPY M15 chart. Its upper boundary is at 184.59, its lower boundary is at 184.50, and its width is 8 points. A break above the upper boundary at 184.59 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Top reversal pattern has formed on the EURJPY M15 chart. Its upper boundary is at 184.87, its lower boundary is at 184.72, and its width is 15 points. A short position may be considered below the lower boundary at 184.72, with a potential target at 184.49.

The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. Its lower boundary passes through 183.80/183.84, while its upper boundary passes through 183.88/183.84. The pattern width is 8 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURJPY breaks below the lower boundary, the price could move toward 183.69.

The Double Top pattern has formed on the EURJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 183.52 is likely to confirm further downward movement.

The Double Top pattern has formed on the EURJPY M30 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 183.42 is likely to confirm further downward movement.

The Bullish Pennant pattern has formed on the EURJPY M30 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 182.48, the uptrend is expected to continue toward 182.78.

The Double Top pattern has formed on the EURJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 181.42 is likely to confirm further downward movement.

The Bearish Pennant pattern has formed on the EURJPY M30 chart. A break below the pennant low at 181.14 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.