- EUR/JPY extends bounce past 141.00 mark on Tuesday.
- Immediately on the upside is the 142.30 area.
EUR/JPY accelerates gains and breaks through the 141.00 barrier to multi-week highs on Tuesday.
Further gains in the cross remain supportive for now with the next target now coming in at the weekly high at 142.32 (July 21) ahead of the 2022 high at 144.27 (June 28).
As long as it is above the 200-day SMA at 134.60, the outlook for the cross should remain constructive.
EUR/JPY day chart
Source: Fx Street
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