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fxJul 20, 2026, 3:36 AM

EUR/JPY Holds Above Key EMAs, Bullish Bias Intact

EUR/JPY is trading around 185.80 during Asian hours on Monday, maintaining a bullish bias as it stays above both the nine-day and 50-day exponential moving averages.

EURJPY

EUR/JPY has remained subdued for the third consecutive session, hovering near 185.80 in early Asian trading on Monday. The cross continues to hold above the nine-day and 50-day exponential moving averages (EMAs), which are aligned as nearby dynamic support levels, reinforcing a constructive short-term outlook.

Technical indicators suggest the pair retains a bullish bias as long as it stays above these EMAs, with the 185.50 area acting as immediate support. A break below could shift the bias, but for now, buyers remain in control within the current uptrend.

Source: FXStreet Forex News