- EUR / JPY adds to recent gains and flirting with 126.30 / 35.
- The 2021 highs in the 127.50 zone are as follows.
He EUR/JPY adds to Wednesday’s gains and further extends the weekly recovery to the 126.30 region on Thursday.
If the buying pressure morphs into a more serious bullish attempt, then the yearly highs around 127.50 should return to the radar in the near term.
Looking at the bigger picture, while above the 200 day SMA at 123.07, the outlook for the crossover should remain constructive.
Daily chart
Technical levels
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