Buy on a level breakthrough of 135.81 with 136.67 target. Stop loss = 135.20.
Reason for the trading strategy
In March, the volume of production orders in Germany grew from -1.3% (y/y) to +1.9% (y/y). The data reflect an improved economic situation in the eurozone's largest economy. In an uptrend, at the breakthrough of the 135.81 resistance level, opening long positions in the EUR/JPY pair is preferable.