The EUR/JPY pair is showing signs of volatility as we head into the new week. Last week, the pair saw some ups and downs, but ultimately closed higher. Looking ahead, traders will be keeping a close eye on key levels to determine the next direction of the pair.
On the upside, resistance can be seen around the 130.00 level. If the pair is able to break above this level, we could see a move towards the 132.00 level. On the downside, support is seen around the 126.00 level. A break below this level could open the door for a move towards the 124.00 level.
Overall, the outlook for the EUR/JPY pair remains uncertain as traders weigh various factors including economic data and geopolitical events. It will be important to monitor key levels closely in the coming week to get a better sense of where the pair may be headed.