EURJPY Ahead of ECB & BOJ Rate Decision 🇪🇺🇯🇵

EURJPY is trading in a long-term bullish trend.
After the price reached a 158 level, the market retraced to a rising trend line.

The market is approaching the highs again now.
Bullish breakout of the underlined blue area and a daily candle close above that
will be a strong trend-following signal.

A bullish continuation will be expected to 160 level then.

Alternatively, a bearish breakout of a trend line will be a strong bearish signal.

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