The Daily Forecaster: EURJPY
Price was stronger than expected and this is forcing us into a similar situation as in EURUSDÂ… Indeed, any break above 1.4192-00 EURUSD should see a reaction higher here also. However, until that occurs take care. If seen then I'd look for gains to extend to 129.49 at least but...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/the-daily-forecaster%3a-eurjpy-20100125105259/