- EUR/JPY looks firm and is moving towards multi-day highs above 144.00.
- Weekly highs above 146.00 are the next target.
EUR/JPY quickly pulls back Tuesday’s pullback and advances above 144.00 to hit fresh multi-session highs on Wednesday.
The cross could challenge the weekly high of 146.13 (Nov 23) in the short term.
The outlook for the EUR/JPY is expected to remain positive as long as it holds above the 200 SMA today at 139.31.
EUR/JPY day chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
