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fxJul 6, 2026, 4:27 AM

EUR/JPY Tests 185.00 After Breaking Above Moving Averages

EUR/JPY extended its gains for a second session, trading near 185.00 during Asian hours on Monday, with a constructive near-term bias as the pair holds above key exponential moving averages.

EURJPY

EUR/JPY continued its upward momentum, testing the 185.00 level during Monday’s Asian trading session. The currency cross has posted gains for two consecutive sessions.

The pair maintains a constructive near-term outlook after moving above both the nine-period and 50-period exponential moving averages. This technical development suggests strengthening bullish momentum in the short run.

Traders will monitor whether EUR/JPY can sustain above 185.00, as a decisive break could open the door for further upside. Key support levels to watch include the moving averages and the 184.00 area.

Source: FXStreet Forex News