Lower Timeframe Analysis on EUR/JPYEuro vs Japanese YenPEPPERSTONE:EURJPYfaluacuz_fxIn this trade, I intend to open a long position. Looking at the lower timeframes (15-minute chart), I see a potential buying opportunity. After reaching the area near the 173.609 level, the pair reversed down to around 172.978, and then bounced back up. This movement may indicate the start of a reversal followed by a pullback. Moving on to the higher timeframes (daily and weekly), the bullish candles are showing some strength, and the following technical indicators: * 45-period Exponential Moving Average * 70 and 95-period Simple Moving Averages * Parabolic SAR Are moving in line with the intended direction and objective, which may suggest a continuation of the upward trend. That said, it's important to remember that despite this technical analysis, it's crucial to monitor economic data, news, and other fundamental factors that could affect this pair, since this assessment focuses solely on the technical side. The long position tool displayed on the chart is just an additional aid to help support the entry decision.