Article details
The EUR/JPY pair has completed a corrective phase from 186.86, forming three downward waves to 180.78. A temporary peak at 184.75 has been established, leading to a neutral bias for consolidation this week. A breakout above 184.75 could target the previous high of 186.86, potentially resuming a larger uptrend if sustained. Traders are closely monitoring these levels for directional clues in the coming week.
