It seems that the EUR/JPY pair has broken through resistance and is continuing north on the H4 timeframe. Currently trading above the 184.60 level, with the moving average below the quotes. The fact that the moving average is below indicates support for the quotes and naturally supports the bullish sentiment and the upward momentum of the quotes. It is quite possible that there will be further pressure to the north in order to test the 185.80 resistance level, and then we will see what happens next. As for the southern direction as a perspective, it is necessary to move below the moving average, then overcome the support at 184.60, and of course, consolidate below it. In this case, the priority will shift to the south. Wishing everyone profitable trades.
