EURJPY reached the key intraday support from a technical point of view. The area at 117.00 handle is marked with the lower limit of Overbalance structure as well as 38.2% Fibonacci retracement of the whole upward impulse. In case buyers manage to halt decline there, another upward impulse could be launched. On the other hand, breaking below it may trigger a bigger downward move.
EURJPY H1 interval. Source: xStation5
BREAKING: Producer Inflation in Germany lower than expected
Morning wrap (20.10.2025)
Chart of the day - EURUSD (17.10.2025)
BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher