(EUR/JPY)

The Euro also managed to rise against the Yen as the pair seems to be moving within a positive model represented by an ascending triangle, the pair must breach the strong resistance at 163.82 to confirm this positive model that will take the pair to the set target at 164.41, while the point at 163.25 offers good demand for the pair especially as the pair is trading within an overbought area on a daily basis and is in need of a correction and the correction might extend to the 162.56 strong support. 

 

Support163.25162.89162.56162.26161.82
Resistance163.82164.11164.41164.68164.95

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