EUR/JPY surges on sentiment improvement yet struggles at 160.00 – FXStreet
The EUR/JPY pair has seen a surge in value due to improved sentiment in the market. However, it is facing challenges as it struggles to break through the key level of 160.00. The positive sentiment has driven the pair higher, but it seems to be encountering resistance at this important level. Traders will be closely monitoring the situation to see if the pair can successfully break through and continue its upward momentum.