EUR/JPY Price Analysis: Bullish run faces overbought risks, hovers around 169.00
EUR/JPY climbs nearing the pivotal 169.00 mark, propelled by strong risk appetite and market gains. Technical analysis shows a robust uptrend, though an RSI of 76.00 signals overbought conditions. If the pair surpasses 169.00, it faces resistance at the July 2008 high of 169.97, closely followed by the key 170.00 level. A drop below 169.00…