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SNby u/smith_nico·8dAnalysis

EURJPY – Keeping an eye on that 185 level

It's been a ride for $EURJPY recently. I'm watching that 185 handle pretty closely; seems like it’s becoming a bit of a sticky point, acting as a magnet but also a ceiling. If we get a sustained push above 185.00, especially on decent volume, I might lean into the idea of a continuation, but for now, anything that whips back down from that area feels like a potential rejection. The risk for me is if we consolidate above 185.00 and then find strong support there – my short-term bearish bias at that specific level would be completely invalidated then. As always, the market loves to humble you.

2 comments · 1 points

2 Comments

NYu/nour_yilmaz·8d

I'm with you on the 185.00 level for EURJPY. It's definitely been a key psychological and technical area. Are you considering any specific indicators or candlestick patterns around that level to confirm a sustained push or a rejection?

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JAu/james69·8d

Definitely agree on 185 for EURJPY. It's been a key level for a while now. Are you looking at any specific confluence factors around that level, like the daily close or particular indicators?

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