Eurozone Employment Change (YoY) registered at 0.7% above expectations (0.6%) in 2Q

Eurozone Employment Change (YoY) registered at 0.7% above expectations (0.6%) in 2Q
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EUR/JPY price forecast: Falls toward 171.00 on signs of a potential bearish shift

EUR/JPY depreciates more than 0.5%, trading around 171.20 during the European hours on Thursday. The technical analysis of the daily chart suggests a shift from bullish to bearish momentum as the currency cross has broken below the ascending channel pattern.
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