Daily Market Updates: EUR/JPY Price Forecast: Tests nine-day EMA support near 177.50

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EUR/JPY Price Forecast: Tests nine-day EMA support near 177.50

Reported · Written up by our desk · Major Pairs

EUR/JPY halts its four-day winning streak, trading around 177.70 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias.

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FXStreetEUR/JPY Price Forecast: Tests nine-day EMA support near 177.50

Forex

EUR/JPY Price Forecast: Tests nine-day EMA support near 177.50

More like this

Sources

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