The EUR/JPY currency pair continues to demonstrate strong bullish momentum, maintaining its position above the key level of 185.00. Trading at approximately 185.20, this marks the third consecutive day of gains for the exchange rate during the early European session on Tuesday. Investors appear optimistic about the euro's resilience, contributing to the upward trend.
This sustained strength in the EUR/JPY cross can be attributed to favorable market sentiment surrounding the eurozone, coupled with fluctuating interest rates in the USD. As traders closely monitor economic indicators from both the Eurozone and Japan, the prevailing bullish sentiment could further propel the exchange rate higher. If the euro continues to hold its ground against the yen, we might see even more significant shifts in trading dynamics in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2026-01-13 05:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.