The EUR/JPY has made a Adam and Adam bullish pattern and the breakout should provide a continuation.
EUR/JPY has formed a bullish Adam and Adam 1-2-3 pattern and we should see a continuation move to the upside. The pattern looks very similar to W pattern but it is more V-shaped, with two double legged bottoms. (1 and 3). Above 121.45 the price will target 121.54, 121.99 with a potential towards 122.53. ATR projection is 122.03 so that could be the intraday target.
Many green pips,
Nenad Kerkez aka Tarantula FX