EURJPY Daily bullish by Ichimoku

Comment

EURJPY is bullish as per Ichimoku confirmations as well as ascending P wave structure.

Ichimoku Analysis

- Price above Tenkan sen, Kijun sen, and Kumo
- Chiko Span above candles

Also, market is in ascending P wave structure where resistance between 13.067 and 130.98.

Next Scenario

We can watch H1 or M30 and follow uptrend, expecting the breakout of the resistance. Otherwise, it will go down and test the trend line and Tenkan sen in Daily timeframe.