Euro / Yen Japonais
Long

EUR/JPY Higher prices on the cards 130 - 132.00

2345
Following a week of substantial bullish movement - EUR/JPY is now approaching a 15 month high & is now consolidating at 128.00.

The price had stalled previously for over 6 weeks at our last support level of 124.00 before its break above with a 400 pip bullish climb this past week.

The current 128.00 is a major key level for this pair which was tested as support in March 2015 and July 2013.

A move higher is on the cards - 130.00 -132.00 Upside Weekly/Monthly key level target zones.

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