EUR/JPY Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/JPY remains bound within a broad multi-month consolidation between key support at 182.20 and major resistance at 187.30–187.50, with immediate price action turning bearish after posting a lower high and failing to hold above the intermediate 186.00 shelf. Currently testing the 184.85 area, the pair exhibits downward momentum on the daily timeframe; a confirmed close below the 184.50 pivot level opens the door for a continuation toward the lower boundary around 183.00 and 182.20, while any bullish reversal hinges on buyers decisively reclaiming the 186.00 handle.



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