EUR/JPY and EUR/CHF Test Key Resistance Levels in Technical Breakout

EUR/JPY and EUR/CHF are challenging significant upper boundaries as euro strength persists across the forex market. EUR/JPY has approached critical resistance near 163.50, marking a potential breakout zone after consolidating for several sessions. Similarly, EUR/CHF is testing the upper range around 0.9350, suggesting renewed buying interest in the euro against traditional safe-haven currencies. The technical momentum indicates possible continuation patterns forming, with both pairs showing bullish flag formations on the 4-hour charts. Market participants are closely monitoring these levels as a sustained break above could trigger further euro appreciation. Key support levels for EUR/JPY stand at 162.80, while EUR/CHF finds backing at 0.9310. Traders should watch for volume confirmation on any breakout attempts, as false breaks could lead to sharp reversals. The coordinated movement suggests broader euro strength rather than isolated pair dynamics.