“EUR/JPY Reaches Projected Level – Market Forecast (23-01-2026)”

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The EUR/JPY pair resumed its bullish trend following yesterday’s opening, breaking above the 185.90 resistance and reaching the extended target at 186.50 before settling just below it.

While the price may experience some mixed trading, bullish momentum from key indicators and the formation of initial support at 185.45 suggest a renewed upward attempt. A successful move above 186.65 could push the pair toward the next target at 187.20.

Expected trading range for today: 185.80 – 186.65
Trend forecast: Bullish

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