Intraday bias in EUR/JPY is turned neutral again with current recovery. But still, further fall is in favor as long as 181.53 resistance holds. Below 177.30 will extend the decline from 187.93 to 175.26/41 support. Strong support is expected from to complete the correction.
In the bigger picture, price action from 187.93 is seen as a corrective pattern to up trend from 154.77 (2025 low). Deeper fall cannot be ruled out, towards 175.41 cluster support (2025 high) and 38.2% retracement of 154.77 to 187.93 at 175.26 but strong support is expected there. However, decisive break will raise the chance of larger bearish reversal and target 61.8% retracement at 167.43.
