On the H1 chart of EURJPY, the market has transitioned from a short‑term rally near 186.00 to a clear down‑trend. After breaking above 186.00, the pair failed to sustain the move; the high of 186.002 was followed by a series of lower closes, with the most recent candles hovering around 185.90‑185.96. Volume surged during the bullish breakout (12,431 contracts) but tapered off as price retreated, suggesting weak buying conviction and a lack of momentum to push higher. Key resistance now sits just above 186.00, while a robust support zone is forming near 185.70‑185.75, where price found buying interest earlier. The…

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