EURYJPY
The pair euro-Japanese yen, which reached its most extreme levels of support which means the last point that can characterize a technical correction.
Thus, at current price levels, so close to the point of support, it is convenient to consider taking long positions being the low price and attractive long-term buy. For the great proximity to the escape point of 110.40, the hidden risk this time is significantly small in relation to the likelihood of upside potential to the resistance level of 114.50 medium term and to the important resistance level 118.00 long term.