EUR/JPY Holds Gains Above 185.50, Supported by EMA Levels
EUR/JPY edged higher during Asian hours on Tuesday, trading around 185.50 after three consecutive days of losses. The cross remains above both the 9-day and 50-day exponential moving averages, suggesting mildly bullish momentum.
EURJPY
EUR/JPY recovered slightly during Tuesday's Asian session, trading near 185.50 following a three-day losing streak. The pair continues to hold above key technical support levels, including the 9-day and 50-day Exponential Moving Averages (EMAs).
Traders are watching the EMA zone as immediate support; a sustained hold above could attract further buying interest. The short-term technical bias remains cautiously bullish as long as the cross stays above these moving averages.
Source: FXStreet Forex News