EUR/JPY trades lower at 175.90, maintaining a bearish technical outlook as the pair remains confined within a descending channel pattern on the daily timeframe.
The currency cross trades around 175.90 within a descending channel pattern on the daily chart, maintaining a clear bearish bias.
The EUR/JPY currency pair retreated to 175.90 during Thursday's Asian trading session, erasing modest gains from the previous day. Technical indicators confirm a persistent bearish bias as the pair continues to trade within a well-defined descending channel on the daily chart.
The pair maintains a bearish bias as it continues to trade within a descending channel pattern on the daily chart.