The current interim barrier for the EUR/JPY price is 146.13.

VOT Research Desk

At the close of the week, EUR/JPY recovers some stability above the 145.00 barrier after rebounding from weekly lows.

The weekly high at 146.13 is currently the cross’s temporary barrier due to the continued rebound (November 23).

A probable move to the November high beyond the 147.00 level is revealed by the break above the latter.

In the long run, the optimistic view is anticipated to hold true while above the crucial 200-day SMA at 138.76.