FX.co ★ jerome82 | EUR/JPY

As of today, the currency pair EUR/JPY continues to move within an ascending channel, indicating that buyers are still in control. After an attempt to hold above the 185.120 level, a pullback has started. I expect the price of the currency pair to move in a range of approximately 184.900 to 185.200 in the near future. Currently, the 184.900 level serves as the closest support, and if the price manages to break below this level, it could signal a potential move towards 184.800. However, if the price bounces off this level, it may return to the beginning of the pullback and continue higher. It is important to note that the price is currently above this point, indicating a bullish bias.