EurJpy- Test of 170 once more?

For over two years, EURJPY has been experiencing an upward trend. The pair is ascending within a clearly defined rising channel.
Despite a drop at the end of last year, triggered by JPY repatriation, the overall trend remained intact, and EURJPY resumed its upward trajectory at the beginning of this year.

The end of April saw the pair reach a new all-time high, followed by a rapid and aggressive decline induced by the BoJ intervention.

Currently, 164 stands as a strong floor. As long as this level holds, further gains towards 170 can be anticipated.