EUR/JPY Intraday Signal: Upside Prevails Toward 173.74
EUR/JPY remains in a bullish structure while holding above the pivot level at 172.46. The RSI is above 50, and the MACD is positive and trading above its signal line, confirming upward momentum. Price also stands above both the 20- and 50-period moving averages (172.68 & 172.82) and is currently trading above the upper Bollinger band (172.88), which highlights strong bullish pressure. As long as 172.46 holds, the next targets are 173.30 and 173.74. A break below 172.46 would open the way to 172.01 and 171.74.
Enter: 172.60
SL: 172.01
Target A: 173.30
Target B: 173.74