I think ERUJPY is going to break higher. If we can check on the daily timeframe, price has been building up and hovering (volatility contraction) around the resistance level for almost a week which is a sign that bulls are still willing to push the price higher. I'm expecting volatility to expand upwards (break of resistance). Also the previous daily candle reflect that bulls are still in play. If the price did break upwards, and the next target might be around 133.000 level.