EUR/JPY has slipped below the 184.00 level and is now testing support around the nine-day EMA, signaling a pause in bullish momentum. The pair remains sensitive to shifts in risk sentiment and yen strength. A sustained break below this support could trigger deeper downside, while holding above it may allow for a renewed upward move.
Trade Idea
Bias: Sell cautiously
Reason: Weakening momentum and risk of support breakdown
Plan: Sell if price breaks below EMA support, consider buying only if strong bounce confirms support hold
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