EUR/JPY: Trading at long-term technical resistance level

EUR/JPY has made more gains in early interbank trade and is currently trading near 141.20. The 61.8% retracement of the huge downmove from 169.50 to 94.00 has been marginally breached (see chart).

Elsewhere, EUR/USD is at 1.3700, cable is at 1.6350 and AUD/USD is trading near .9120.

Good luck this week.