“Bullish Bias Persists in EUR/JPY – Technical Forecast (16 October 2025)”

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The EUR/JPY pair confirmed the continuation of its bullish trend by closing above the key support level at 175.20 and advancing toward 176.00.

However, the ongoing divergence among main indicators may lead to sideways, fluctuating price action. A successful break above the intraday resistance near 176.45 could strengthen the bullish momentum, targeting the 177.05 level and potentially revisiting the recent high at 177.90.

Today’s expected trading range is between 175.50 and 176.45.

Trend forecast: Sideways fluctuations within the broader bullish trend.

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