EUR/JPY Price Forecast: Trades near 181.50 after rebounding from descending channel bottom

EUR/JPY Price Forecast: Trades near 181.50 after rebounding from descending channel bottom

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-trades-near-18150-after-rebounding-from-descending-channel-bottom-202609040338
Published: Sep 03, 2026 11:38 PM

EUR/JPY gains ground after two days of losses, trading around 181.50 during the Asian hours on Friday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias.

Market context: This update is relevant to EUR traders, with EURJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.