A post by @FirstSquawk on X.
EUR/JPY SLIPS BELOW 177.50 FOLLOWING A PULLBACK FROM THE DESCENDING CHANNEL'S UPPER BOUNDARY, FXSTRE…
@FirstSquawk on X
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EUR/JPY slipped below 177.50 after pulling back from the upper boundary of a descending channel, according to FXStreet via First Squawk. The move marks a rejection at channel resistance, keeping the pair within its recent downward structure. Traders are watching whether the cross can reclaim 177.50 or extends losses toward the channel's lower bound.
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EUR/JPY, First Squawk, FXStreet