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06 Oct 2026 · 07:56 GMT+3

EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom

EUR/JPY halts its seven-day losing streak, trading around 177.40 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross is remaining close to the lower boundary of the descending channel, suggesting the price holds support and a temporary bounce.

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