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FX Desk

EUR/JPY Price Forecast: Tests nine-day EMA confluence support near 185.00

By FXStreet

EUR/JPY Price Forecast: Tests nine-day EMA confluence support near 185.00

EUR/JPY depreciates after registering modest gains, trading around 185.60 during the European hours on Wednesday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling an ongoing bullish bias.

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Source: FXStreet