EURJPY: Important Breakout

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Hey traders,

New higher high higher close on a daily chart on EURJPY.

After a quite long bullish accumulation, the price managed to break 127.5 major resistance.
Now a local rising trend line and a broken horizontal level give us a demand zone.
It can give us a nice spot to catch a bullish continuation after retest.

Next strong resistance is 129.0

Good luck!
Note
Check my new analysis on CADCHF:
CADCHF: Bullish Accumulation
EUReuroForexfxjapaneseyenjpySupport and ResistanceTechnical AnalysistradingTrend AnalysisTrend Linesyen

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