GBP/EUR: Will ECB Minutes Boost Euro vs. Pound?
  • EUR/JPY rebounds off multi-week lows at 121.60.
    100-day SMA at 123.60 moves into target.

    EUR/JPY rallies hard past the key  122.00 resistance in  risk-on trade

    The continuation of this uptrend sees resistance at  the 100-day SMA in the 123.60 before  124.30, the 55-day SMA.

    EUR/JPY trades  above the 200-day SMA at 121.15 keeping the outlook upbeat.