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Eurozone Trade Balance n.s.a. came in at €12.4B, above expectations (€11.7B) in July

Eurozone Trade Balance n.s.a. came in at €12.4B, above expectations (€11.7B) in July
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EUR/JPY Price Forecast: Tests 173.00 support near nine-day EMA

EUR/JPY depreciates after two days of losses, trading around 173.10 during the European hours on Monday. The technical analysis of the daily chart suggests a persistent bullish bias as the currency cross moves upwards within the ascending channel pattern.
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