EUR/JPY Price Forecast: Almost at the top of a nine-week range – FXStreet

The EUR/JPY price forecast shows that the currency pair is nearing the top of a nine-week range. This means that the exchange rate between the Euro and the Japanese Yen has been trading within a relatively narrow range for the past nine weeks. Traders are closely monitoring the pair as it approaches this key resistance level. This could potentially lead to a breakout in either direction, depending on market conditions. It is important for investors to keep a close eye on this development and be prepared for any potential changes in the EUR/JPY exchange rate.