EURJPY TECHS: Has Pierced The 20-Day EMA

* RES 4: 184.09 61.8% retracement of the Aug 21 - Sep 14 bear leg * RES 3: 182.56 50-day EMA * RES 2: 181.93 50.0% retracement of the Aug 21 - Sep 14 bear leg * RES 1: 181.55 High Sep 18 * PRICE: 180.15 @ 07:57 BST Sep 23 * SUP 1: 178.94/177.85 Low Sep 18 / Low Sep 14 and bear trigger * SUP 2: 177.15 Low Nov 10 2025 * SUP 3: 176.01 1.236 proj of the Jul 29 - Aug 3 - 21 price swing * SUP 4: 175.29 38.2% retracement of the Feb 28 '25 - Apr 17 bull leg EURJPY is holding on to the bulk of its recent gains. Despite the move higher - a correction - a bearish trend theme remains intact. However, the latest climb has delivered a print above 180.87, the 20-day EMA. A clear break of this hurdle would signal scope for a stronger recovery, potentially towards the 50-day EMA, at 182.56. MA studies are in a bear-mode position, highlighting a dominant downtrend. The bear trigger lies at 177.85, the Sep 14 low.