FxWirePro: EUR/JPY on track to test 124 levels, major resistance at 124.60

• EUR/JPY recovers previous day's losses to hit fresh daily highs at 123.86.
   
• Techs on daily charts support upside, pair has broken above 5&10-DMAs at 123.47/54 respectively.
   
• Test of 124 levels likely. Major resistance aligns at 124.60. Further upside only on breaks above.
   
• Support on the downside are located at 123, 122.92 (May 19th lows) and then 122.61 (May 16th lows).
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Recommendation: Go long on dips around 123.50, SL: 123, TP: 124/124.50