Bearish JPY and looking to play versus EUR. Actively adding here as the l/term uptrend is set to resume, we can look to target fresh highs here at 134.1x and continue to expect JPY to underperform in Q3 and Q4.
Indeed the break is signalling in advance that the direction is still up. Price action above 129 is proving interesting, the break of 'B' will define whether there is a chance of another pullback or the move is direct and imply the base has materialised.