Highs from last month just below 110.00 are next on the agenda for EUR/JPY and it seems pointless to try and fight this trend. Some of the hourly signals I look at are looking quite overbought but any dips towards previous highs at 108.70 are likely to meet with plentiful demand. Elsewhere on the Yen crosses, AUD/JPY is again closing in on recent highs at 88.00 and a clean break above there targets 90.00.
EUR/JPY at session highs closing in on 110.00
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