EUR/JPY: Forecasting Bearish Impulse in Persistent Downtrend

٢٨ مارس ٢٠٢٣

The EUR/JPY currency pair is currently experiencing a persistent bearish trend. This is evident from the fact that the price has already touched the dynamic bearish trendline several times. Based on our analysis, we forecast that there will be a new bearish impulse in the direction of the main trend. This suggests that the downward momentum of the pair is likely to continue in the near future.