Pair EURJPY, despite the current retreat from 145.00 to 139.00, is in a bullish trend since May 2020 at the 115.00 level. The BoJ's ultra-loose monetary policy is an advantage over the last monetary intervention. Based on that, we can expect a weakening of the JPY currency, and the targets for pair EURJPY are 150.00 and 160.00.
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