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The EURJPY fails in achieving the breach– Forecast today – 28-7-2026
The EURJPY pair failed in breaching the barrier at 186.65, forcing it to form some corrective waves, holding near 186.10, noticing the stability within the minor bullish channel’s levels as its main support settles near 185.50 level, which makes us keep the bullish scenario and wait for breaching the barrier to ease the mission of reaching new positive stations that might begin at 186.95 and 187.60.
While the decline below the bullish channel’s support and holding below it will cancel the bullish scenario in the near trading, forcing it to suffer several losses by reaching 184.85.
The expected trading range for today is between 185.70 and 186.95
Trend forecast: Bullish
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