Currently EUR/JPY is trading at 120.47 and its about to breach its at 122.60. If it breaches the level of resistance then it is possible that it can touch its next at 122.60, which can be its next target after breaking the resistance.
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Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.