- EUR/JPY extends the uptrend and challenges the 139.00 mark.
- The next move up is the key round level of 140.00.
The EUR/JPY advances for the third session in a row and touches multi-week highs near 139.00 at the same time.
The continuation of the uptrend has the focus now on the key 140.00 level. Beyond the latter, the cross could attempt another test of the weekly high at 142.32 (July 21).
As long as it is above the 200-day SMA at 134.15, the outlook for the pair should remain constructive.
daily chart
Technical levels
Source: Fx Street
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