EUR/JPY Price Analysis: Next on tap emerges the 2022 high past 144.00

Market news

7 September 2022

EUR/JPY Price Analysis: Next on tap emerges the 2022 high past 144.00

EUR/JPY widens the rally beyond the 143.00 mark.
Next target now comes at the 2022 high above 144.00.

EUR/JPY picks up pace and trades with gains for the fourth consecutive session on Wednesday.

Extra gains in the cross remain well favoured for the time being, with the next target now emerging at the YTD high at 144.27 (June 28).

While above the 200-day SMA at 134.68, the prospects for the pair should remain constructive.

EUR/JPY daily chart

Currencies. Daily history for Wednesday, September 7, 2022

Commodities. Daily history for Tuesday, September 6, 2022

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