EUR/JPY price forecast: Falls toward 171.00 on signs of a potential bearish shift
Published 2 months ago
Aug 14, 2025 at 9:02 AM
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EUR/JPY depreciates more than 0.5%, trading around 171.20 during the European hours on Thursday. The technical analysis of the daily chart suggests a shift from bullish to bearish momentum as the currency cross has broken below the ascending channel pattern.