EUR/USD and EUR/JPY: Euro Gaining Bullish Momentum
EUR/USD started a strong increase and it surged above the 1.2000 resistance. EUR/JPY is also gaining momentum and it is trading well above the 125.00 resistance.
Important Takeaways for EUR/USD and EUR/JPY
The Euro started a strong increase above the 1.1950 and 1.2000 resistance levels.
There was a break above a key connecting resistance trend line at 1.2030 on the hourly chart of EUR/USD.
EUR/JPY followed a similar pattern and broke the main 125.00 resistance.
There was a break above a major rising chann