On the EURJPY M15 chart, price has risen from the low‑184.6 region to a fresh high near 185.90, but the last three candles show a clear pull‑back from the 185.85‑185.90 resistance zone. Volume peaked during the rally (e.g., 3,649 contracts at 185.322 and 1,947 at 185.848), then tapered as the market reversed, indicating waning buying momentum. The bearish candle at 185.866 closed below the recent swing high, confirming a break of the upward bias and establishing a new short‑term resistance at the 185.85 level. A descending channel is forming, with lower highs and lower lows, suggesting further downside bias. Should…

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