Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated last friday a return above 110, comforting our bullish feeling and is currently testing the resistance at 111.
The pair is still moving above its medium term bullish slant (purple line).
All indicators are now bullish.
We continue to advise long positions as far as 109.50 is support.
The breakout of 111 and 112 will both give a new buy signal.
In case of return below 109.50, we will wait the breakout of 109 to advise short positions.
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