EUR/JPY – 30M – BUY

The EUR/JPY 30-minute chart has fired a dense cluster of bullish signals, including a Trendline Break Down (which often triggers a reversal when price breaks below then reclaims), Trendline Retreat Up, AROON Strong Downtrend (indicating the downtrend is exhausted), and multiple oscillator cross-ups from oversold territory (STOCHF, ULTOSC, WILLR). The BOP Zero Cross Up signals buying pressure is overtaking selling pressure. The EMA 200 Retreat Up suggests the long-term moving average is acting as support. These signals collectively point to a potential reversal of the recent bearish move on the 30-minute timeframe. However, the broader trend alignment is mixed: higher timeframes (2h and above) are bullish, which supports the bullish bias, but the 15m and 1h are still bearish, indicating potential resistance on the way up. Key levels to watch are the nearest resistance at 186.73300 and support at 186.22600. A break above resistance could confirm the reversal, while a loss of support would invalidate it.