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The EURJPY price succumbs to the barrier’s resilience – Forecast today – 6-11-2026
The pair’s price failed to confirm a breakout above the barrier at 178.10, forcing it to form negative intraday trades and approach the first additional support level at 176.30, while managing to hold above it.
The price currently needs fresh positive momentum to enable it to form several bullish waves and renew pressure on the previously mentioned barrier. A breakout above this level will open the way for further gains, starting at 178.70 and 179.25. However, slipping below 176.30 and recording a negative close could force the price to incur further losses, heading toward 175.70 and then reaching the support level at 174.95.
The expected trading range for today is between 176.30 and 178.00.
Trend forecast: Bullish
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