The euro has shown itself to be a little bit positive against the Japanese yen during trading on Monday as we continue to dance around the top of an ascending triangle. Ultimately, this is a market that I think could go looking for a major swing high at the 175.53 yen level, but it is going to have to build up a little bit of momentum. Quite frankly, the markets are waning back and forth between risk on or risk off behavior. But as long as we get some type of risk appetite out there, I think you’ve got a very real shot at the Euro rising against the Japanese yen and perhaps trying to hit that 175.53 yen level.
EUR/JPY Forecast: Euro Rallies Against the Japanese Yen on Monday – 23 September 2025
