Tracking EUR/JPY 5/5/24

Market starts off bullish in the open off an area of interest, expecting either a pull back to daily support zone 164ish or a continuation to the upside

Currently the market still consolidates with no strong confirmation of which way to trade at the moment

Market sentiment is mixed, with most on Short side
Big trend is still bullish

Prices has tested support just once, still waiting for more information before putting in a trade in the next few days

Best thing is to stay on the sideline until we get back into an area of interest once again