Thursday, October 15, 2026

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EUR/JPY breakout past 131.67 runs stops; 132.64 next

EUR/JPY breakout past 131.67 (23.6% of Dec-Apr drop & Mar 18 high) runs stops Next hurdle is at 132.64, 61.8% of 136.70-126.08 Medium-Term targets are 50% of Dec-Apr drop & weekly Kijun by 137.93 EUR rebound creating its…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/JPY breakout past 131.67 (23.6% of Dec-Apr drop & Mar 18 high) runs stops

  • Next hurdle is at 132.64, 61.8% of 136.70-126.08 

  • Medium-Term targets are 50% of Dec-Apr drop & weekly Kijun by 137.93 

  • EUR rebound creating its own weather as shorts are stopped; hedges reset

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By FxWirePro Team