Commerzbank: EUR/JPY remains bid
According to analysts at Commerzbank, EUR/JPY will remain bid as long as it holds above 137.15.
In their view, euro/yen could extend the upside in the near term and to reverse from the 141.00 zone. “The market remains well placed to continue to probe the 140.30/141.00 resistance zone”.
Chart. H4 EUR/JPY