The EUR/JPY D1 chart shows a bullish setup with recent price action consolidating above key support levels. After a consolidation phase between 183.69 and 185.98, the last candle closed at 184.18, confirming a strong close near the lower end of the range. This suggests potential for a breakout higher, as the price has been repeatedly testing and holding above the 183.69 support level, indicating strong buying pressure. The volume on the entry candle (100,493) aligns with the trend, showing increased participation during the close. The pair has been in a sideways trend, with the latest close near the lower boundary…

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