Fri, 25 Mar 2022 10:17:34 GMT
EUR/JPY surge reaches a new high
The EUR/JPY passed the resistance of the 134.00 mark on Thursday. Eventually, the surge found resistance in the 134.75 mark, before a retracement down started. By the middle of the day's European trading hours, the currency exchange rate approached the support of the 50-hour simple moving average near 133.70.
If the pair passes below the 50-hour simple moving average, the