EURJPY has done what we called on Sunday evening and broken through the inner trend and bounced on the outer trend wall and is heading back up to either test the top or perhaps take a run at the 114.47 area. We may find out today as the NY session opens. Watch for the potential reversal at just below 113.50 if the upper trend holds. This reversal could lead to a nice sell back to the 112.61 area. A break of the upper trend could give the 113.77 a shot or perhaps even the start of the run back to the previous high at 115.68.