The EUR/JPY pair continues to show bearish momentum, with traders keeping a close eye on the key level of 160.31. This level is important as it could signal a further decline in the pair if broken.
Investors are closely monitoring the pair as it remains under pressure, with the euro struggling against the Japanese yen. The bearish trend is intact, indicating a potential downward movement in the near future.
Traders should be cautious and watch for any developments around the 160.31 level, as a break below could lead to further losses for the EUR/JPY pair. It is important to stay informed and keep track of market movements to make informed trading decisions.