- The EUR/JPY quotes near the 162.00 zone, slightly down before the Asian session.
- Mixed signals of the indicators, with the MACD indicating sale and most others remaining neutral.
- Support seen in 161.72, 161,71 and 161.66, while the resistance is 161.79, 161.86 and 161.87.
The EUR/JPY pair is currently in a neutral position, quoting near the 162.00 zone after having lowered slightly on Tuesday. The torque remains confined within a narrow range between 160.98 and 162.32, without showing a clear directional inclination as Asian markets approach.
Impulse indicators reflect indecision in price action. The relative force index remains stable in neutral territory about 51, while the MACD suggests a slight bearish inclination. Other short -term signals, such as fast RSI stock and average directional index, are also neutral, further reinforcing the lack of conviction in a strong trend.
In the front of the mobile socks, the 20 -day SMA points to a short -term bassist trend, while the 100 -day smokes suggest a longer -term uprising perspective. The Ichimoku baseline remains neutral, in line with the widest lateral structure observed in recent sessions.
The key support levels are located in 161.72, 161.71 and 161.66, while the resistance is above 161.79, 161.86 and 161.87. It is likely that the broom requires a decisive breakup beyond this range to establish a clearer impulse in any direction.
Daily graph
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.