EUR/JPY is the top performer on the week

Author: Adam Button | Category: News

It wasn`t the quiet holiday week that most expect at this time of year in EUR/JPY.

Even with today`s pullback, the pair gained 240 pips on the week and was the best trade.

The gains this week confirm the breakout above the double-top at 111.59 and points to further gains for this pair.

I`m weary of chasing the trade here after a swift rally from 100.50 since mid-November but this is clearly a buy-the-dips trade.