Buy on a level breakthrough of 121.52 with 122.10 target. Stop loss = 121.02.
Reason for the trading strategy
The business activity index in the Eurozone's services sector rose from 53.1 to 53.3 p in May. The data signal the strengthening of the European economy, however, similar trends are observed in the Japanese economy. In the short term, the EURJPY pair could gain a foothold above the 121.52 level.