
EURJPY continued its bullish momentum yesterday, topped at 131.96 and closed at 131.80. On h4 chart below we can see that my trendline resistance has been violated to the upside indicating bearish failure and the beginning of new bullish outlook. The bias remains bullish in nearest term targeting 132.80. Immediate support at 131.75. Break below that area could lead us into no trading zone but overall I am in buy mode now with buy the dips strategy