EUR / JPY reverses Monday's withdrawal.
The 2020 summit appears as the next target around 125.20.
The EUR / JPY has outstripped pessimism at the beginning of the week, and now the figure is facing the key barrier at 125.00.
The basic positive stance for the EUR remains solid, occasional downward movements are considered only corrective. In contrast, the EUR / JPY is expected to revisit the YTD hills in the 125.20 region in the short term.
On a broader basis, the view of EURJPY is seen as constructive at 120.03 today, above 200 days SMA.