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Eurozone ZEW Survey – Economic Sentiment registered at 22.7, below expectations (30.2) in October

Germany ZEW Survey – Current Situation registered at -80, below expectations (-75) in October

Germany ZEW Survey – Current Situation registered at -80, below expectations (-75) in October
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EUR/JPY Price Forecast: Falls to near 175.50 after breaking below nine-day EMA

EUR/JPY extends its losing streak for the fourth consecutive session, trading around 175.60 during the European hours on Tuesday. The technical analysis of the daily chart indicates a potential for a bearish shift as the currency cross is positioned below the ascending channel pattern.
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