Lingrid | EURJPY Previous Year High Retest ExpectedEuro/Japanese YenFX:EURJPYLingridThe price perfectly fulfilled my previous idea. EURJPY is trading inside an upward channel, holding support above the 173.30 level while steadily pushing higher. The pair recently broke out of a consolidation range and is now eyeing the 174.50 resistance zone, which also aligns with the 2024 high. As long as price remains above the rising trendline, bullish momentum remains intact with potential to extend toward the resistance area. Buyers appear in control, with the structure favoring continuation. ⚠️ Risks: A breakdown below 173.30 could trigger a deeper pullback toward 172.20. Shifts in ECB or BOJ monetary policy outlook may cause sharp volatility. Stronger USDJPY flows could indirectly pressure EURJPY and cap upside momentum.If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!