EURJPY

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.