EUR/JPY Technical Analysis comments :
The pair EUR/JPY just found resistance on 111 for the second time. All indicators are still bullish. 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, we will advise to trade short positions as far as 110.50 is resistance.