World Economy

EUR/JPY Set Eyes at 139

EUR/JPY Set Eyes at 139EUR/JPY Set Eyes at 139

EUR/JPY has been growing for the fifth day Friday in a row amid Japanese Yen weakening across the board. Euro has been rangy lately, thus it is the Japanese currency sentiments that rules the day, FXStreet reported. From the technical point of view, the market is likely to remain directly bid as long as the cross trades above138.00 pivot. The next bullish target is 139.00, once broken, the upside might accelerate towards 139.30. The support lies at 138.55 and 138.10/00.