EUR/JPY Surges Above Multi-Month Range, Targeting 168.40
EUR/JPY has broken through key technical resistance at 164.60, regaining upward momentum after months of consolidation. The pair now trades confidently above its 50-day moving average. Analysts at Sociรฉtรฉ Gรฉnรฉrale highlight bullish signals in the market, targeting price levels between 166.70 and 168.40, provided the 164.60 level holds as support. This breakout suggests renewed interest among traders and could trigger further upward movement. Stakeholders should closely monitor price actions as the pair seeks to reach these new targets in the coming sessions.