As we can see on 4h time frame chart on EUR/JPY, as soon as the price hit new highs there was a correction of the previous movement and that correction become the price indecisive (it has been consolidating).

We also can see that even with the fake breakout from a relatively large trend line which may indicate that once the price breaks the consolidation zone above, we can expect the formation of a new maximum.

Our suggestion is to wait for the breakout above consolidation line at 132.91 and put stops below consolidation in order to give margin for price moves and take profit slightly above the previous high or for the more conservative, at the same level as the previous high price.