Signal EURJPY Sell — M5 - June 10, 2026 20:17 GMT-4
The EUR/JPY pair on M5 timeframe displays a clear downtrend with consecutive lower closes and diminishing highs, indicating bearish momentum. Recent price action has seen a consolidation phase around 185.245, where the close aligns with a key support level. The volume at this consolidation area shows a notable decrease, suggesting potential exhaustion of the bullish bias. However, the prior candles exhibit higher volume during rallies, which may imply a false breakout risk if price reverses. The current structure has formed a descending triangle pattern between 185.368 (resistance) and 185.245 (support), with the close near the lower boundary signaling a high-probability…