EUR/JPY Range-BoundEuro / Japanese YenFOREXCOM:EURJPYFOREXcomIt's been a strong year for EUR/JPY. As much of the focus has been on USD/JPY of late as the pair has pushed closer to the 160.00 handle EUR/JPY has actually been a cleaner trend for most of 2025, and the pair currently trades near ATHs that were established in November. The challenge with such a trend is that it can become incredibly one-sided, and like we saw in late-July, this can lead to fast pullbacks. Of late, however, bulls have been stepping in to defend the 180 level and that's built into a consistent range. The profit taking or selling pressure at 181.50, well inside of the 182.00 ATH has been a common occurrence, and this makes chasing while near resistance a challenging prospect. There's two different ways to work with such a move: Either defaulting to the trend-side bias, and waiting for a pullback to support. At that point, the range can be approached with a bullish bias and if price pushes back to resistance, there's opportunity to hold a remaining portion of the position for a breakout. Alternatively, as a big more aggressive, traders can wait for the 181.50 break in anticipation of a 182.00 re-test. By letting the short-term breakout run beyond 181.50, that price can then become support potential in looking for the continuation move up to 182.00. And as most aggressive, traders can track the breakout in anticipation of a 181.50 or perhaps a 182.00 break leading to that fresh ATH that's proved elusive over the past few weeks. - js