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fxAug 4, 2026, 3:36 AM

EUR/JPY Holds Near 181.50 After Bouncing Off Eight-Month Highs

EUR/JPY edged higher to around 181.50 during Asian trading on Tuesday after three days of losses. The pair remains under both the 9- and 50-day EMAs, keeping a bearish near-term bias.

EURJPY

EUR/JPY recovered some ground in the Asian session on Tuesday, trading near 181.50 after a three-day losing streak. The bounce follows a reversal from an eight-month high, though the pair is still holding below key moving averages.

The nine-day and 50-day Exponential Moving Averages are acting as near-term resistance, reinforcing a bearish tone. A sustained break above these levels would be needed to shift the bias.

Source: FXStreet Forex News