EUR/JPY Technical Analysis comments :
The pair EUR/JPY just found resistance on 111. The pair already used 110 as support. We maintain to trade only long positions as far as 110 is support. The breakout of 111 will give a new buy signal. The next resistance is at 112. However, if 110 is broken, a sell signal will be given and we will then advise to trade only short positions as far as 110.50 is support.