Signal EURJPY Sell — H1 - July 16, 2026 03:02 GMT-4
On the H1 chart, EURJPY has been consolidating around the 185.8‑186.0 zone. The last 24 candles show a gradual upward bias, with the high of 185.904 and a recent close near 185.87, yet the price failed to break above the 186.0 resistance formed by the earlier 185.95‑186.02 swing. Volume spiked during the bullish pushes (e.g., 12,431 and 11,756 contracts) but tapered as the market approached the ceiling, indicating waning buying pressure. Momentum oscillators would likely be turning down, and the price is now testing the 185.55‑185.60 support that held earlier in the session. A sell entry near the current high…