EUR/JPY Demand Watch Near 186.659

Research preview

Opening Read EURJPY is trading near 186.595 with a active, with the first reaction less important than the retest profile; the immediate question is whether price is building acceptance or merely reacting inside the existing range. Price is holding above the daily pivot at 186.415, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 186.533 / 186.475 / 186.414, while the resistance band is 186.659 / 186.734 / 186.845. Daily R1 at 186.793 and S1 at 186.148 define the first tactical range. Internal models have flipped from Buy to Strong Buy for EUR/JPY. The shift puts upside continuation in focus, with...