(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.61% for the last 10 sessions. At 17:07 EST on Wednesday, 25 September, EUR/JPY (EURJPY) is $161.01.
Eur/jpy price forecast: edges higher to mid-160.00s, remains confined in weekly range
The EUR/JPY cross trades with a positive bias for the second successive day on Wednesday, albeit lacks bullish conviction and remains confined in a familiar range held since the beginning of this week. , The EUR/JPY cross might then accelerate the move up to the 161.40-161.45 intermediate resistance en route to the 162.00 round figure.
EUR/JPY’s yearly highs and lows, it’s 8.947% up from its 52-week low and 8.209% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.20%, a negative 0.10%, and a positive 0.48%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.50% (last week), 0.50% (last month), and 0.48% (last quarter), respectively.
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