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07 Oct 2026 · 07:30 GMT+3

EUR/JPY Price Forecast: Slips below 178.00 after pulling back from nine-day EMA

EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias.

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