EURJPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 164.2043 may materialize within the next 2 days.
EURJPY through 162.48866666666666. Is this a confirming a breakout? Will it continue its path in the current trend toward 164.2043?
