Nice EUR/JPY....Not Nice For Me For Being Left Out..arghh

The real story of the day is EURUSD breaking to new highs of 1.5977 with oil above $115/bbl. This Euro strength, combined with a strong equity market as a result of positive Intel and JPMorgan news, has sent EURJPY above 161.50 (162.52, at this time I'm writing) daily resistance as we currently trade 162.30. The EURJPY strength has capped the USDJPY downside. Keep in mind that mathematics state as EURUSD and EURJPY move higher, USDJPY can not move lower. In the meantime, my focus level is 100.80. Below here, and USDJPY is in trouble. As far as EURUSD is concerned, I think you need to be bullish here while the 1.5900-1.5875 zone protects the downside. Back tonight.