EUR/JPY Technical Analysis comments :
The pair EUR/JPY continued its bullish movement after the breakout of 108. The price is now testing the resistance at 109. The pair is still below its long term bearish slant. All indicators are now bullish. We stay neutral between 108 and 109. We will wait an exit of this range to take position:
- Long is 109 is broken
- Short is the price gets back below 108.