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EUR/JPY - Making New 6-Year Highs

EUR/JPY has broken the strong resistance at 145.69, making new 6-year highs. Hourly supports can be found at 145.74 (intraday low) and 144.79 (17/11/2014 low).

The long-term technical structure remains positive as long as the key support at 134.11 (20/11/2013 low) holds. The break of the major resistance at 145.69 opens the way for a further rise towards the psychological resistance at 150.00. Another resistance stands at 157.00 (08/09/2008 high).

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