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fxJul 13, 2026, 2:56 AM

EUR/JPY Edges Higher Above 184.50, Upside Capped by Geopolitical Risks

EUR/JPY trades around 184.65 in Asian hours on Monday, but gains may be limited as heightened Middle East tensions boost safe-haven demand for the yen.

EURJPY

The EUR/JPY cross edged higher during Asian trading on Monday, hovering near 184.65. However, the upside remains constrained by a cluster of resistance levels above.

Geopolitical tensions in the Middle East continue to support safe-haven flows into the Japanese yen, capping any significant advance in the pair. Traders are monitoring developments closely as the risk-off sentiment could weigh on the euro against the yen.

Technical levels suggest the cross may struggle to break above the 184.50–185.00 zone unless a catalyst emerges to shift the risk backdrop.

Source: FXStreet Forex News