- EUR/JPY wobbles once again ahead of 139.00.
- Further advance should target 2022 high at 140.00.
The EUR/JPY continues its strong performance for another session, although the break of 139.00 remains elusive so far.
The cross now needs to break above the resistance zone near 139.00 for the bulls to challenge the 2022 high at 140.00 (April 21) in the not too distant future.
Meanwhile, as long as it is above the 2-month support line near 135.20, the short-term outlook for the cross should remain bullish.
EUR/JPY daily chart
Technical levels
Source: Fx Street
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