Intraday bias in EUR/JPY remains neutral and further fall is in favor with 179.88 minor resistance intact. Below 177.82 will extend the fall from 187.93 to 175.41 key cluster support. Nevertheless, break of 179.88 minor resistance will suggest short term bottoming, and bring stronger rebound towards 55 D EMA (now at 183.60).
In the bigger picture, price actions from 187.93 are likely at least correcting whole up trend from 154.77 (2025 low). Deeper fall could be seen to 175.41 cluster support (2025 high) and 38.2% retracement of 154.77 to 187.93 at 175.26 before completion. For now, risk will stay on the downside as long as 186.00 resistance holds, in case of rebound.
.){kind=link}