EUR/JPY -26/9/2022-

• Ascending trend line since March 2022 still intact, tested today and acted as a support, prices bounced back up after touching it
• Horizontal resistance line at 144 caping the upside, potential ascending triangle in play
• Fifth time the ascending trend line is touched without being broken
• As long as the trend line remains intact, up trend remains solid with first target at 140 followed by 144
• If bulls were able to break the 144 resistance level, we might have a triangle breakout with a target above 160 as per the measurement method ( height of the triangle added to the breakout point )