EURJPY currency pair recently reversed up from the support zone located between the pivotal support level 128.34 (which has been reversing the price from the start of March), lower daily Bollinger Band and the 38.2% Fibonacci correction of the earlier upward price impulse from the middle of January. Given the strength of the daily uptrend and the growing yen bearishness seen across the FX markets today – EURJPY currency pair can be expected to rise further toward the next resistance level 130.65 (top of the previous impulse wave (i)).