EUR/JPY Maintains Momentum Near 161.50 Amid Market Optimism
EUR/JPY has paused its three-day winning streak but continues trading around the 161.50 mark during the Asian session. The currency pair gains upward support as the Japanese Yen (JPY) faces pressure. This shift occurs amid ongoing uncertainty about the timing of the Bank of Japan’s (BoJ) next rate hike. Traders should closely monitor this situation for potential breakout opportunities as market sentiment evolves.
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