- EUR/JPY marks third consecutive day of losses, trading near 162.70 with eyes set on crucial 162.00 support level.
- Technical analysis shows potential for rebound towards 163.00 if it breaches the Tenkan-Sen level, with higher resistance in sight.
- Sellers aiming below 162.50 could see the pair targeting 162.00 support, with further downside risks to February lows.
The EUR/JPY drops for the third straight day as Thursday’s Asian session begins, following Wednesday’s losses of 0.07%. At the time of writing, the cross-pair trades at 162.70, down 0.05%.
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