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- EUR/JPY Price Analysis: Immediately to the upside comes 143.00
EUR/JPY Price Analysis: Immediately to the upside comes 143.00
- EUR/JPY adds to Monday’s uptick above the 142.00 barrier.
- Extra gains now target the resistance area around 143.00.
EUR/JPY pushes higher and surpasses the key barrier at 142.00 the figure on Tuesday.
While the cross looks broadly side-lined for the time being, further gains could prompt a test of the key 143.00 hurdle to re-emerge on the horizon ahead of the December 2022 high near 146.70.
A convincing breakout of the 200-day SMA, today at 141.08, should shift the outlook to a more constructive one.
EUR/JPY daily chart
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