- EUR / JPY extends higher to the 126.30 zone on Friday.
- The 2021 highs in the 127.50 zone are as follows.
The EUR / JPY extends Thursday’s bullish run and seeks to consolidate the break of the 126.00 hurdle.
If buying pressure morphs into a serious recovery, then this year’s highs around 127.50 should return to the radar in the near term.
Looking from a broader perspective, as long as the cross remains above the 200-day SMA at 122.88, it should continue with a bullish bias.
EUR / JPY day chart
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