EURJPY: Breakout Retest Setup Toward 185.50EUR/JPYOANDA:EURJPYSamiraa_🔍 Market Overview EURJPY has pushed higher from the recent lows and broken above the 184.78–184.95 resistance zone. This area contained price during the earlier consolidation, making the breakout a constructive shift in the H1 structure. The initial move was impulsive, so a pullback into the broken zone would be normal. If buyers protect it as support, the market could be setting up for another leg higher. 📈 Market Structure Insight Market Bias: Bullish Momentum: Strong following the breakout Current Phase: Breakout with a potential support retest The move above resistance was supported by clear buying pressure. As long as price remains above the former range ceiling, the bullish continuation idea remains valid. 🚀 Trading Scenarios ✅ Bullish Scenario — Primary Bias Conditions: Price revisits the 184.78–184.95 breakout zone. Former resistance holds as new support. A bullish reaction appears through a rejection wick, bullish engulfing candle, or renewed upside momentum. Trade Plan: Look for long opportunities only after the retest shows that buyers are defending the new support. There is no need to chase the initial breakout; a controlled pullback can provide a cleaner entry. 🎯 Target: 185.50 ❌ Bullish Invalidation Scenario A sustained move below 184.78 would weaken the setup and suggest that the breakout has failed. That would put price back inside the previous range and reduce the probability of immediate continuation. 📍 Key Levels to Monitor 🟢 Breakout Support Zone: 184.78–184.95 🎯 Bullish Target: 185.50 🔴 Invalidation Area: Sustained move below 184.78 ⚠️ Trading Perspective The key signal is the reaction after price returns to the breakout area. A shallow retest followed by renewed buying would show that demand is still firmly in control. 🧠 Professional Insight This setup is supported by: Strong momentum from the recent lows. A clean breakout above a defined resistance zone. The potential for resistance to become support. A clear continuation target at 185.50. 🛡️ Risk Management Wait for bullish confirmation before entering. Avoid chasing an extended candle after the breakout. Place risk below the confirmed support structure. Keep position size appropriate for market volatility. No confirmed retest, no trade. This analysis is for educational purposes only and should not be considered financial advice.