Thu, 09 Jun 2022 09:40:40 GMT
EUR/JPY trades at high levels
In the expectations of European Central Bank starting monetary tightening the EUR/JPY currency rate hit a new seven-and-half year high level at 144.22. However, prior to the ECB monetary policy statement, the EUR/JPY retraced to the 50-hour simple moving average near 142.85.
If the Euro resumes its surge against the Japanese Yen, the rate should encounter resistance in the