EURJPY currency pair continues to rise inside the short-term impulse wave (c), which belongs to the higher order upward ABC correction 2 from the start of December. EURJPY earlier broke the resistance level 132.100 (top of wave (iii) from the start of this month) – which accelerated the active ABC correction 2. Given the widespread bullish euro sentiment seen across the currency markets – EURJPY currency pair can be expected to rise further toward the next resistance levels 132.900 (top of wave (ii) from October) and 133.500 (multi- month high from October and the target price for the completion of the active short-term impulse wave (c)).