📊 Technical Structure
EURJPY EUR/JPY holds steady above the 180.63–180.79 support zone, maintaining its short-term bullish structure. Price continues to trade above key moving averages and shows a constructive recovery from the support area. As long as the pair stays above support, upside momentum remains favoured.
The chart reflects a bullish continuation pattern:
Support zone: 180.63 – 180.79
Resistance zone / target area: 181.38 – 181.54
While price stays above 180.63, dips into support are likely to attract buyers, with upside potential toward the 181.38–181.54 resistance band. A 4H close below 180.63 would invalidate the bullish scenario and expose the 180.20 region.
🎯 Trade Setup
Idea: Buy dips into support, targeting a move into the 181.38–181.54 resistance zone.
Entry: 180.79 – 180.63
Stop Loss: 180.56
Take Profit 1: 181.38
Take Profit 2: 181.54
Risk–Reward Ratio: ≈ 1 : 2.74
Bias stays constructively bullish while price holds above 180.63–180.79 on a closing basis.
A decisive break below 180.63 would weaken the bullish outlook.
🌐 Macro Background
According to FXStreet, EUR/JPY trades slightly softer near 181.05 as the Japanese Yen finds mild support from verbal intervention by Japanese officials. Market participants also await Germany’s Retail Sales and CPI inflation data, which could influence EUR volatility.
EUR side:
Price action remains supported by a strong medium-term uptrend, trading above the rising 100-day EMA.
RSI stays in bullish territory, signalling healthy but controlled momentum.
JPY side:
Verbal intervention from Japanese authorities provides temporary strength to the Yen.
However, broader market sentiment remains stable, limiting JPY safe-haven demand.
Overall, EUR/JPY maintains a bullish bias while price holds above support, with upside targets aligned toward the next resistance zone.
🔑 Key Technical Levels
Resistance zone: 181.38 – 181.54
Support zone: 180.63 – 180.79
📌 Trade Summary
EUR/JPY preserves a bullish continuation structure above the 180.63–180.79 support band. The setup favours buying dips toward support with targets placed in the 181.38–181.54 resistance zone. Traders should watch German macro data and any new Japanese intervention commentary, which may affect short-term volatility.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
EURJPY EUR/JPY holds steady above the 180.63–180.79 support zone, maintaining its short-term bullish structure. Price continues to trade above key moving averages and shows a constructive recovery from the support area. As long as the pair stays above support, upside momentum remains favoured.The chart reflects a bullish continuation pattern:
Support zone: 180.63 – 180.79
Resistance zone / target area: 181.38 – 181.54
While price stays above 180.63, dips into support are likely to attract buyers, with upside potential toward the 181.38–181.54 resistance band. A 4H close below 180.63 would invalidate the bullish scenario and expose the 180.20 region.
🎯 Trade Setup
Idea: Buy dips into support, targeting a move into the 181.38–181.54 resistance zone.
Entry: 180.79 – 180.63
Stop Loss: 180.56
Take Profit 1: 181.38
Take Profit 2: 181.54
Risk–Reward Ratio: ≈ 1 : 2.74
Bias stays constructively bullish while price holds above 180.63–180.79 on a closing basis.
A decisive break below 180.63 would weaken the bullish outlook.
🌐 Macro Background
According to FXStreet, EUR/JPY trades slightly softer near 181.05 as the Japanese Yen finds mild support from verbal intervention by Japanese officials. Market participants also await Germany’s Retail Sales and CPI inflation data, which could influence EUR volatility.
EUR side:
Price action remains supported by a strong medium-term uptrend, trading above the rising 100-day EMA.
RSI stays in bullish territory, signalling healthy but controlled momentum.
JPY side:
Verbal intervention from Japanese authorities provides temporary strength to the Yen.
However, broader market sentiment remains stable, limiting JPY safe-haven demand.
Overall, EUR/JPY maintains a bullish bias while price holds above support, with upside targets aligned toward the next resistance zone.
🔑 Key Technical Levels
Resistance zone: 181.38 – 181.54
Support zone: 180.63 – 180.79
📌 Trade Summary
EUR/JPY preserves a bullish continuation structure above the 180.63–180.79 support band. The setup favours buying dips toward support with targets placed in the 181.38–181.54 resistance zone. Traders should watch German macro data and any new Japanese intervention commentary, which may affect short-term volatility.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
ATFX is a globally regulated, award-winning fintech broker offering customer support in 20 languages.
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👉🏼Start your trading journey with ATFX: bit.ly/3mLMPHz
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
ATFX is a globally regulated, award-winning fintech broker offering customer support in 20 languages.
👉🏼Start your trading journey with ATFX: bit.ly/3mLMPHz
👉🏼Start your trading journey with ATFX: bit.ly/3mLMPHz
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.