EUR / JPY Analysis

EUR / JPY Analysis

The neutral / downward note in the currency caused cautious behavior in EUR / JPY at the borders of around 123.00 on Tuesday. EUR / JPY targets peak above 124.00 After hitting the bottom in the 119.30 zone on June 22, EUR / JPY moved to the fourth of the last five weeks and moved its focus to the highest level of the OHR and moved the figure over June 5. As the market players continue to measure progress in economic recovery, the Ascension has been fueled by strong risk-related improvement. However, news that they are close to developing the COVID-19 vaccine from scientists also collaborated with the optimistic mood among investors. While there is nothing remarkable in terms of data on Thursday, investors continue to digest the latest deal between EU leaders on a bailout fund worth € 750 billion (€ 390 billion grant and € 360 billion loan).