The EURJPY H1 chart displays a consolidation phase following a prolonged downtrend, with key support forming near the recent low at 183.594. The last five candles show a gradual recovery, closing above the prior range lows while volume spikes on the latest candles indicate renewed buying interest. A bullish engulfing pattern is emerging as price closes above the 183.594 level, suggesting a potential reversal from the bearish bias. The current close near 185.215 aligns with a higher high, reinforcing the uptrend's strength. Volume remains elevated compared to earlier sessions, validating the bullish momentum. With the pair consolidating around the 183.594…

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