https://www.tradingview.com/x/hE0yqmJW/ EURJPY is trading in a long-term bullish trend. The price formed a huge ascending triangle formation on a daily, perfectly respecting 159.8 - 160.0 resistance.
Yesterday, the pair formed an imbalance bullish candle and successfully closed above the neckline of the pattern, setting a new higher high higher close.
It will most likely push the prices to the new highs.
Next resistance - 162.5
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Note
The daily candle closed respecting a broken resistance
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