{video}EURJPY is edging higher today, trying to record its fourth consecutive green candle. It has made a new 15-year high after finally managing to surpass the 159.64 level that has greatly been troubling the bulls over the past three months. Last week’s BoJ meeting announcements and the intervention threat do not seem to dent the bullish appetite. Turning to the momentum indicators and there is strong support for the current upleg. In more detail, the Average Directional Movement Index (ADX) is edging higher, far above its 25-threshold, and signaling a strong bullish trend in the market. Similarly, the RSI remains ... (full story)