EUR/JPY - Euro breakout

Likely Scenario: Move to the upside after a break above 123.00 with targets at 123.79

On the monthly and weekly timeframe, the price has been falling for the last couple of months and has now hit it monthly uptrend line

Daily timeframe we have price tested it resistance level 123.00 what we want to see is a break above and then we could consider price could possible rise to 123.79, Now we have to keep in mind that while trading this pair look out for fundamental throw out this week ahead that could affect the price such as German employment rate on Monday.