Buy EUR/JPY : Bullish Pennant Breakout (09.04.02026)

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Buy EUR/JPY : Bullish Pennant Breakout (09.04.02026)Euro/Japanese YenFX:EURJPYKABHI_TA_TRADINGDescription Setup Overview: EURJPY EUR/JPY is showing a bullish pennant breakout on the 30-minute chart after a strong impulsive move higher. Price consolidated inside the pennant structure and is now attempting to continue in the direction of the prior trend. This type of setup often signals trend continuation when breakout momentum is sustained. Buyers will want to see price hold above the breakout zone and build momentum toward the next resistance areas. πŸ“ˆ Support & Resistance: Key Support: Near the pennant base / breakout retest zone around 184.85–185.00 Immediate Resistance: 185.80 Next Major Resistance: 186.22 A clean hold above support keeps the bullish structure valid. If momentum continues, price may push into the first resistance at 185.80, with a possible extension toward 186.22. Disclaimer: This post is for educational and informational purposes only and does not constitute financial advice. Always wait for confirmation and manage risk properly before entering any trade. #EURJPY #Forex #TradingView #PriceAction #BullishPennant #ForexTrading #TechnicalAnalysis #DayTrading #SwingTrading #Resistance #Support #BreakoutTrading Call to Support: πŸ’¬ If you found this setup useful, don’t forget to like, comment, and share your view on EUR/JPY. Your support keeps the analysis coming!