EUR/JPY has broken through a resistance line. It has touched this line numerous times in the last 3 days.

Resistance breakout on EUR/JPY
EUR/JPY has broken through 161.7200 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EUR/JPY may be heading towards 162.1504 within the next 14 hours.

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