EUR/JPY Price Forecast: Falls to near 171.50 as bearish bias emerges

Published 2 months ago Negative
EUR/JPY Price Forecast: Falls to near 171.50 as bearish bias emerges
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EURUSD.FOREX Euro / US Dolla...
EUR/JPY extends its losses for the second successive session, trading around 171.50 during the European hours on Tuesday. The technical analysis of the daily chart suggests the emergence of a bearish market bias as the currency cross is remaining slightly below the ascending channel pattern.

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