Key Indicators
Price sits below the SMA(200) at 179.79. This is bearish alignment—shorter averages remain beneath longer-term resistance.
After the sharp retreat, the euro is attempting to recover against the yen, but is finding it tough as the euro remains under pressure. Despite the recent technical rebound, the overall momentum remains under pressure. The bull case needs a close above 179—otherwise, any bounce is likely just a bull trap.