EURJPY - Retracement for a higher move?

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EURJPY - Retracement for a higher move? EUR/JPYOANDA:EURJPYNato_FinancialsEURJPY is showing Bullish trend with a Bearish corrective retracement. Key Resistance are at 184.85 and 185.55 (Major barrier preventing higher rally) while key Supports184.10 (78.2% Fibonacci level) and 183.40. RSI (14) is at 51, indicating balanced but retreating momentum. Current Action: Price is currently retracing toward 183.65 amid Yen-driven risk flows. Strategy: "Buy the Dip" near 183.40–184.10 support zones if bullish momentum returns. The broader structural uptrend remains intact, and structural policy differences favor the Euro. Current "sideways bias" and negative intervention risks for the Yen create high volatility and mixed signals. A clean break below 184.10 on a negative daily close will invalidate the bullish setup and favor further bearish correction toward 183.40.