# EUR/JPY Breakout Setup

> EUR/JPY could break above 177.875 for a 1.93% rise to 180.750.
- Title: EUR/JPY Breakout Setup · TradingView | Shortify
- Summary: EUR/JPY could break above 177.875 for a 1.93% rise to 180.750. EUR/JPY may rise to 180.750 after breaking 177.875 resistance.
- Keywords: eurjpy, consolidation, forex, forexsignals, supply and demand, support and resistance, trend lines, business, finance, EUR, JPY, Breakout
- Source: TradingView — https://tradingview.com/chart/EURJPY/fvomyk6L-EUR-JPY-Breakout-Setup-Long-on-Consolidation-Test
- Published: 2026-10-19T10:28:31+00:00
- Read time: 1 min
- Topics: eurjpy, consolidation, forex, forexsignals, supply and demand, support and resistance, trend lines, business, finance
## EUR/JPY Breakout Setup
The EUR/JPY 4-hour chart shows price pressing against 177.875 resistance after consolidation near 177.320.
## Key Technical Confluences
Price action targets 179.150 and 180.750 with a stop loss below 176.180.
## Trade Execution Plan
Enter on confirmed breakout above 177.875 followed by retest of 177.320 to 177.875.
## Key takeaway

EUR/JPY may rise to 180.750 after breaking 177.875 resistance.