EURJPY | 4H | Market Structure

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EURJPY | 4H | Market StructureEUR/JPYOANDA:EURJPYrekardaraPrice is still overall bullish, but it is currently in a pullback phase. After the previous Break of Structure (BOS), price moved down and reacted to a demand zone, where a Change of Character (CHoCH) formed. This area is important and acting as short-term support. As long as price stays above the highlighted demand zone, the bullish scenario remains valid and a move back toward the previous highs and the marked TP area is possible. If price closes clearly below this zone, the bullish idea will be invalidated and the scenario may turn bearish. ⚠️ This is only a technical analysis, not a trading signal. Always use proper risk management.