EURJPY recently reversed up from the key support level 125.200 (former resistance from the start of November), standing near the lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous upward impulse wave from the start of November. The upward reversal from the support level 125.200 started the active impulse wave (v). Given the strength of the support level 125.000 – EURJPY currency pair can be expected to rise further toward the next resistance level 127.300 (top of the previous impulse wave (v) from the start of January).