EUR/JPY halts its three-day losing streak, trading around 174.30 during the European hours on Tuesday.
EUR/JPY is positioned within a rising wedge pattern, signaling a potential bearish reversal. The 14-day RSI indicates the currency asset is in an overbought condition. The upper boundary of the rising wedge around the 174.40 level acts as immediate resistance. The analysis of the daily chart shows a rising wedge pattern, indicating a potential bearish reversal.
A break below the latter could exert downward pressure on the EUR/JPY cross to navigate the region around the psychological level of 170.00 Further decline may increase the selling pressure on the EUR/JPY cross to navigate the vicinity around the throwback support at 167.60. EUR/JPY: Daily Chart Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.
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