EUR/JPY is ready for the next run higher towards the 129.06 target. Once this target is hit, we should see a minor correction/consolidation before the next push higher towards 132.87 and 137.50 as the next more serious upside targets.
Long-term, we continue to look for much higher levels with key-support seen at 127.06
We are long EUR from 125.85 with our stop placed at 126.85.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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