EURJPY continues to rise strongly after the earlier upward reversal form the support area lying between the key support level 122.40 (former monthly low from September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May. Given the strongly bearish Yen sentiment seen across the FX markets today, EURJPY is likely to rise further toward the next resistance level 125.00 (former top of wave 2 and the forecast price calculated for the completion of the active minor corrective wave (ii)).