A strong buying opportunity for the EUR/JPY pair is emerging soon on the daily timeframe

The EUR/JPY pair continues its upward trend due to the weakness of the yen.

The pair has also managed to break through previous resistance levels near 184.97.

New strong buy orders have been established, a positive sign indicating continued

buyer dominance and the continuation of the upward movement.

The outlook remains focused on buying opportunities and avoiding selling,

due to the high risk involved at present and the lack of strong opportunities to capitalize on a correction.

Expected Targets

In the event of a decline and correction to the new buy orders,

which are located near 183.42, we expect to see a renewed upward movement

towards the targets near 184.20 and 185.20.

This analysis will be invalidated by a break and close below the specified buy orders.