Will EurJpy finally reach 160?

Since the beginning of July, EurJpy has been pretty volatile with hundreds of pips fluctuations and at the end of the month, the pair even dropped 700 pips in only a week.
However, the pair recovered and the trend remains extremely bullish.
Mid-August is marked by a new local high and after a top around 159, a normal correction followed.
This correction comes to confirm the recent break and now we can consider this old resistance support.
As long as the pair stays above this support bulls hold the upper hand and the trend remains strong with a test of 160 very probable.
In conclusion, buying dips near support could be a good idea and if we keep stop loss tight we could also have a very good risk: reward for such a trade.