EUR/JPY Price Analysis: Bulls continue dominating, yet a consolidation may be incoming – FXStreet
The EUR/JPY price analysis shows that bulls are still in control, but there may be a consolidation phase on the horizon. The currency pair has been experiencing a strong upward trend, with buyers pushing the price higher. However, there are signs that the market may need to take a breather before continuing its upward momentum. Traders should keep a close eye on the price action and be prepared for potential consolidation in the near future. Overall, the outlook for EUR/JPY remains positive, but a period of consolidation may be necessary for the market to gather strength for its next move.