On the M15 timeframe, EUR/JPY has been consolidating within a descending channel between 184.05 and 184.29, with recent price action showing a clear bearish bias. The last three candles (1782512100 to 1782513000) close below 184.106, forming a series of lower highs and higher lows, indicating weakening bullish momentum. A key resistance level at 184.29 has been tested multiple times, failing to hold as price retreats toward the 184.05 support. The entry candle (1782473400) closes at 184.288, a critical level near the prior high, suggesting potential for a reversal. Volume spikes on the 1782474300 and 1782487800 candles confirm strong selling pressure,…

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