EUR/JPY touches Fibonacci projection at 137.90 and backs off temporarily
FXstreet.com (Barcelona) – The EUR/JPY has been on a beautiful run higher recently and appear to technicians to be headed to much higher targets. To do so, ST resistance at 137.90 will have to be conquered.
EUR/JPY traders to be watching Kuroda speech for any surprises
EUR/JPY traders have continued to ride the recent trend higher – although the cross is off the session highs- as they await the Bank of Japan’s Kuroda to give a speech in the next hour or so.
Technical outlook for EUR/JPY