Forex 2.00
Posted June 30, 2026

EURJPY

Sell
SELL
Entry Price
185.2000

Signal Details

Direction
Sell
Entry Price
185.2000
Risk: Reward
1:1.4

Trade Levels

Stop Loss
185.7000
Take Profit 1
184.8000
Take Profit 2
184.5000

Technical Chart

Market Analysis

EURJPY is battling to maintain its upward momentum. Currently, the pair is in a short-term correction within a larger bullish structure.


Key Indicators

  • EURJPY faces short-term rejection above 185.30, with lacking price action and limited volume adding to the pressure.

  • The 4-hour chart reveals weak upward momentum; price is struggling near resistance.

Fundamental Context

The currency pair experienced upward correction in the last 4 trading sessions. However, the current rebound still looks driven more by short covering than by a clearly strong wave of spot buying.

Risk Alert

The bearish correction scenario will change once the currency pair breaks above the 185.40 zone again, and a clear break above 185.40 will open the door to 186.