EURJPY Price Analysis: Interim resistance emerges at 147.00 eight November 2022, 14:03

•EURJPY’s recuperation meets a difficult hurdle round 147.00 up to now.
•Next at the upside for EURJPY comes the 2022 excessive at 148.40.

EURJPY’s upside momentum appears to have met a strong resistance on the 147.00 neighbourhood up to now this week.

Despite the continuing knee-jerk, the continuation of the recuperation seems favoured withinside the very close to time period and the pass may want to then goal the 2022 pinnacle at 148.40 (October 21) beforehand of the spherical degree at 150.00.

In the quick time period the upside momentum is anticipated to persist at the same time as above the October lows close to 141.00.

In the longer run, at the same time as above the important thing 200-day SMA at 137.87, the positive outlook is anticipated to stay unchanged.

EURJPY day by day chart