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EURJPY Breaks Structure: The Key Pullback Level I’m Waiting For

📊 I’m currently watching EUR/JPY closely. The pair has broken structure to the upside, showing clear bullish intent 🔼. However, when we compare price to the VWAP, it’s noticeably overextended 📈.

📉 On the volume profile, price has pushed through a major resistance level — the Point of Control — which has now flipped into an important value area acting as support 🟩.

🔍 Because price is stretched, I want to see a pullback into this support zone, hold firmly there, then deliver a fresh bullish break followed by a retest of the current range. If EUR/JPY stabilises and holds above the volume profile levels, I’ll be watching for a long opportunity 💰.

⚠️ Not financial advice.

fxtraderanthony

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fxtraderanthony

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