FX.co ★ Technical Analysis of Intraday Price Movement of EUR/JPY Cross Currency Pairs, Tuesday July 25 2023.

If we look at the 4 hour chart of EUR/JPY cross currency pairs, there is CCI indicator which manages to break below its three levels and then restrained around the level 100-0. This signaled tha the Buyers who are quite dominates as well as supported by its price movement inside the upward channel and this time the price stuck on the bullish Fair Value Gap, so, as long as there is no correction down below which exceed the level 156,03, then in the near future EUR/JPY will move upward to the Equal High level where there is a quite significant liquidity which is on the level 157,92.

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