EUR/JPY Holds From 184.842

Research preview

Desk Interpretation EURJPY is trading near 184.758 with a directional but not yet free of two-way risk profile; the market is asking whether the latest move has enough acceptance to become continuation. Price is trading below the daily pivot at 185.368, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 184.688 / 184.632 / 184.566, while the resistance band is 184.842 / 184.900 / 185.039. Daily R1 at 186.189 and S1 at 184.903 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 price near 185.626, the one-day change...