EUR/JPY Technical Analysis comments :
The pair EUR/JPY just broke the resistance at 112, giving us a new buy signal. All indicators are bullish. We maintain to trade only long positions as far as 111.50 is support. The breakout of the minor resistance at 113 will give a new buy signal. The next resistance is at 114. A pullback on 112 is possible as far as 113 is resistance.
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