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EUR/JPY hits fresh 6-month high

FXStreet (Córdoba) - EUR/JPY advanced to fresh 6-month highs as the yen continues to underperform across the board as investors continue to assess Friday's BoJ easing move.

After briefly dropping below 141.00 to a low of 140.39 during the Asian session, EUR/JPY resumed the upside and climbed toward its highest level since early May at 141.97 so far. At time of writing, EUR/JPY is trading at 141.85, recording a 0.82% gain Monday, after gaining 2.16% Friday following the announcement of BoJ easing measures.

EUR/JPY levels to watch


On the upside, EUR/JPY could find next resistances at 142.00 (psychological level) and 142.35 (May 8 high). On the other hand, supports are seen at 140.39 (daily low) and 140.00 (psychological level).

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