The EUR/JPY currency pair is trading in negative territory, hovering around the exchange rate of 181.05 during the early European session on Friday. The Japanese Yen has gained ground against the Euro, reflecting a slight increase in JPY amid verbal intervention from Japanese officials aimed at stabilizing the currency.
As the market reacts to these developments, the bullish outlook for EUR/JPY remains intact as long as it stays above the critical level of 181.00. Traders are closely monitoring this technical threshold, as a sustained break below could signal a shift in sentiment and lead to further selling pressure. The interplay between the Euro and Yen continues to shape trading strategies in this volatile market environment.
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Data Source: FX Killer Analysis Team Updated: 2025-11-28 06:30
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.