EUR/JPY Eyes 164.80 Amid Bullish Momentum
The EUR/JPY pair exhibits a strong bullish trend, with prospects of reaching the 164.80 level soon. Recent movements reflect a recovery fueled by the divergence between the Eurozone and Japan's monetary policies. The European Central Bank (ECB) maintains higher interest rates, while the Bank of Japan (BOJ) continues a cautious approach to normalization, leading to a weaker yen.
A break above 163 signals bullish momentum, possibly extending to 164.50-164.80 if supported by favorable eurozone data or dovish BOJ commentary. Caution is needed for potential resistance challenges.
Technical Factors:
- Key Resistance Levels: 163.00, 164.80
- Key Support Levels: 162.00, 161.50
A break above 163 signals bullish momentum, possibly extending to 164.50-164.80 if supported by favorable eurozone data or dovish BOJ commentary. Caution is needed for potential resistance challenges.
Technical Factors:
- Key Resistance Levels: 163.00, 164.80
- Key Support Levels: 162.00, 161.50
交易結束：目標達成
Expected Level Reached @164.80 
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