EUR/JPY Breaks Key Resistance Level

The EUR/JPY currency pair continues to show strength after breaking through a multi-month resistance level. Analysts from Société Générale highlight that the pair is supported by positive bullish momentum and stable technical indicators. This breakout opens the door for potentially higher levels in the near term.

With the recent movements, traders are closely monitoring the developments. A sustained uptrend could lead the EUR/JPY to test new highs, giving traders fresh opportunities to capitalize on market fluctuations. Staying informed on economic news and events will be crucial as these movements unfold.