EURJPY currency pair under the bullish pressure today after the price reversed up from the key support level 128.00 (previous monthly low from August). The pair just broke the resistance level 129.75 (top of the previous wave (b)) – which accelerated the active impulse waves (i) and C. Given the rising bullish euro sentiment seen across the FX markets today – EURJPY currency pair can be expected to rise further toward the next resistance level 130.50 (top of waves B and A and the target for the completion of the impulse wave (i)).