“EUR/JPY yields to key support level – Forecast for 10/10/2025”

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The EUR/JPY pair confirmed its capitulation to the prevailing bearish corrective trend, remaining below the 177.80 resistance level and moving down toward 176.35 to begin profit-taking.

Continued fluctuations beneath this barrier, combined with the stochastic indicator attempting to exit overbought territory, suggest the formation of additional corrective waves that may push the price toward the 175.85 level, followed by a potential test of strong support near 175.20.

Today’s expected trading range is between 176.20 and 177.45.

Trend forecast: Bearish

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