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Instrument: EURJPY
Bullish Preference:
A buy position is envisaged if the price trades above 156.286 with take profit at 156.474.
Bearish Preference:
A sell position is envisaged if the price trades below 156.018 with take profit at 155.855.
Fundamentals:
None with High Impact
Comment:
Monetary policy divergences between the European Central Bank (ECB) and the Bank of Japan (BoJ) weighed on the JPY, while mixed German yields may limit the EUR’s upside potential.
Analysis: SCRUM Team
