The EUR/JPY breaks above the 140.00 level

The Euro continues its rally for today after the European markets closed higher and the Pound strengthen after the polls suggest that the Scottish referendum will keep the UK united. The EUR/JPY has broken a key resistance level around the 140.00 and it looks like it will keep its bullish momentum. However, we must be attentive to a possible pullback to the 140.00, because the pair is clearly overbought. If the pair does pull back to this zone, the area could become support and stop the price there for a continuation of the bullish trend.