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fxJul 22, 2026, 3:36 AM

EUR/JPY Tests Ascending Triangle Top Above 186.00

EUR/JPY extends gains for a second straight day, trading near 186.20 during Asian hours. The pair maintains a bullish near-term bias as it holds above both the 9- and 50-period exponential moving averages.

EURJPY

EUR/JPY continues to rise, trading around 186.20 in Asian trade on Wednesday. The currency cross is testing the upper boundary of an ascending triangle pattern, a bullish formation that suggests further upside potential if resistance is broken.

The pair remains supported above the 9-period and 50-period exponential moving averages (EMAs), reinforcing the near-term bullish bias. A decisive break above the triangle top could open the door for additional gains.

Source: FXStreet Forex News