EUR/JPY Price Forecast: Weakens to near 187.50, while staying bullish above 100-day EMA

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The EUR/JPY cross trades with mild losses near 187.50 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid intervention fears from Japanese authorities.

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/ EUR/JPY trades with mild losses, hovering around 187.50 during the early European session on Thursday.
/ Japanese Yen strengthens against the Euro due to potential intervention by Japanese authorities.
/ The cross remains bullish above the 100-day Exponential Moving Average (EMA).

AI-generated summary for informational purposes. Verify with original source.

EUR/JPY Price Forecast: Weakens to near 187.50, while staying bullish above 100-day EMA

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