EUR/JPY extends its upside for the fourth consecutive day, trading around 162.50 during the Asian session on Friday.
The EUR/JPY cross may explore the region around its eight-week high at 163.89 level. The daily chart analysis suggests a bullish bias as the currency cross moves upwards within an ascending channel. The immediate support appears at the lower ascending channel boundary at the level of 161.50. Technical analysis of the daily chart shows the pair is moving upwards within the ascending channel, suggesting an ongoing bullish bias.
A break below the nine-day EMA could weaken the bullish bias and put downward pressure on the EUR/JPY cross to navigate the area around its seven-week low of 155.15 level. EUR/JPY: Daily Chart Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.11% 0.21% 0.58% 0.21% 0.28% 0.37% 0.19% EUR -0.11% 0.09% 0.46% 0.04% 0.17% 0.25% 0.10% GBP -0.21% -0.09% 0.
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