EUR/JPY: Currently At 141.70

 | Apr 22, 2014 08:41AM ET

Currently we are at 141.70 moving north inside the wedge. We are looking for a bullish continuation to the resistance area at 142.54 and maybe to the 0.618 Fibo at 142.78. The average daily true range (ATR) for the pair currently is 97 pips.