EUR/JPY has dipped just below the 122.25 corrective target. We expect the support area between 122.13 – 122.25 will continue to protect the downside for a breakout above minor resistance at 122.42 and, more importantly, above resistance at 123.00 that confirms the next impulsive rally towards 124.14 and higher. Only an unexpected breakout below 121.62 […]