EUR/JPY pares daily losses near 183.80
The EUR/JPY cross is trading around 183.80, remaining in negative territory.
The currency pair is below the nine-day Exponential Moving Average at 184.47 and the 50-day EMA at 184.95, indicating a bearish near-term bias.
The Relative Strength Index at 36.96 approaches oversold territory, suggesting downside momentum is softening.
Initial support is at the lower boundary of the symmetrical triangle around 183.40, with further declines exposing the four-month low of 181.87.