Makro··FXStreet News

EUR/JPY Price Forecast: Remains below nine-day confluence near 187.00

EUR/JPY depreciates after three days of gains, trading around 186.70 during European hours on Wednesday. The technical analysis of the daily chart indicates the currency cross is positioned slightly below the ascending channel, signaling a possible bearish reversal.

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EUR/JPY depreciates after three days of gains, trading around 186.70 during European hours on Wednesday. The technical analysis of the daily chart indicates the currency cross is positioned slightly below the ascending channel, signaling a possible bearish reversal.