EURJPY Chart Technical Outlook to continue higher on more risk appetite, bulls eye 157.00
EUR/JPY broad bias is bullish, and the pair bottomed this month and bounced higher on more risk appetite sentiment out of strong earning seasons and easing Inflation in the US.
The pair found support at 38.2% Fibo level, and technical indicators point to more strengths.
Retailers’ sentiment supports the bullish side.
It has more room for the upside. 157.00 is the next resistance. If broken, 157.90 will be the following one.
Supports are at 155.40, 154.90
