EUR/JPY Bullish Continuation: Targeting 165.2 on Intraday Pullback

The Setup: Riding the Bullish Momentum

Alright team, let's talk about EUR/JPY. The pair has shown clear bullish intent recently, trading around 162.75 with a solid 0.34% gain in the last 24 hours, pushing off the day's low of 161.92. The overall trend remains undeniably bullish, and I'm looking for opportunities to join this strength on an intraday basis. While we've seen resistance around the 163.58 mark today, the underlying structure suggests this is more of a pause than a reversal. My analysis points to a strong probability of continuation towards higher levels.

Technical & Fundamental Confluence

From a technical perspective, I'm eyeing a long entry around 162.5. This level provides a decent pullback from the current price, allowing for a better risk-reward entry while still aligning with the