EUR/JPY Holds Steady Near 184.00

EUR/JPY trades near 183.90 with neutral momentum The EUR/JPY currency cross is maintaining a mildly bearish tone, trading around 183.90. The cross is slipping beneath the 50-day Exponential Moving Average (EMA) while holding above the shorter nine-day EMA.

EUR/JPY trades near 183.90 with neutral momentum

The EUR/JPY currency cross is maintaining a mildly bearish tone, trading around 183.90.

The cross is slipping beneath the 50-day Exponential Moving Average (EMA) while holding above the shorter nine-day EMA.

A break below the nine-day EMA at 183.46 could reinforce the bearish bias, putting downward pressure on the cross to fall toward the eight-month low of 179.37.

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