EUR/JPY Price Prediction: Falls to close to support level as downtrend takes hold – TeleTrade

The EUR/JPY pair has fallen close to a key support level as a downtrend appears to be taking hold. According to TeleTrade, the price prediction for EUR/JPY is bearish as the pair continues to trend lower. Investors should keep a close eye on the support level to see if the pair breaks below it, which could signal further downside momentum. It is important to monitor the price action closely in the coming days to see if the downtrend continues or if there is a potential reversal in sight.