Bearish
EUR/JPY dips below 179.00 amid persistent bearish trend.
EUR/JPY has fallen below the 179.00 mark, continuing its downward trajectory. The 14-day Relative Strength Index (RSI) stands at 35.96, indicating strong selling pressure. Immediate resistance is at the nine-day Exponential Moving Average (EMA) around 179.55.
Key points
- EUR/JPY tests nine-day EMA support near 180.00.
- EUR/JPY slips below 179.00 as bearish bias prevails.
- EUR/JPY holds near 185.50 as nine-day EMA support comes into play.
Sources
AI-generated from public news sources. Not financial advice.
