EURJPY is trading in a long-term bullish trend. After the price reached a 158 level, the market retraced to a rising trend line.
The market is approaching the highs again now. Bullish breakout of the underlined blue area and a daily candle close above that will be a strong trend-following signal.
A bullish continuation will be expected to 160 level then.
Alternatively, a bearish breakout of a trend line will be a strong bearish signal.