Category: Forex News, News

The EURJPY activates the bearish corrective track– Forecast today – 5-11-2025

The EURJPY pair activated the bearish corrective track by reaching the extra support at 177.05, by the above image, we notice suffering some losses by attacking 176.50 level, to form mixed trading by its stability near 176.35.

 

Note that the continuation of the price fluctuation below the broken support and providing negative momentum by stochastic that supports the chances of resuming the negative corrective attempts, which might target 175.15 level reaching the support of the bullish channel at 174.45.

 

The expected trading range for today is between 175.15 and 176.65

 

Trend forecast: Bearish by the stability of 177.05

 



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