
The EURJPY pair continues to face negative pressure, delaying attempts to resume the main bullish trend as it remains below the 181.75 barrier. Stochastic indicators turned negative yesterday around the 180.10 level, reinforcing the bearish momentum.
We anticipate renewed corrective moves toward the 179.40 support, which will be crucial in determining the upcoming trend. A breach and positive close above 181.75 would ease the path for new gains, potentially targeting 182.35 and 182.80 in the near term.
Today’s expected trading range is 179.40–181.00.
Trend forecast: Bearish”
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