EUR/JPY Remains Bullish Above 165.50 – Insights and Predictions
Early trading on Tuesday saw the EUR/JPY cross show modest gains while maintaining a bullish bias above the 165.50 level. Positive market sentiment, influenced by constructive developments in US-China trade talks, undermines the JPY’s status as a safe haven. As investors monitor these circumstances, they should consider potential influences that may sway the EUR/JPY fluctuations in the coming weeks. Awareness of shifting market trends can prove vital for tradersโ strategies.