EUR/JPY: As we pointed out last week, the price of the pair has recently extended to achieve all the suggested targets.
Responding to repeated positive pressures and pushing above the current barrier will confirm the move to a major uptrend and expect to start targeting new positive levels by attracting 122.50 and 125. 00.. A four-hour closing below 120.00 eliminates the bullish outlook.


EUR/JPY 120.93 120.96 120.98 121.02 121.04 121.08 121.10