EURJPY Wave Analysis – 12 January 2026

EURJPY: ⬆️ Buy

– EURJPY reversed from support area

– Likely to rise to resistance level 184.90

EURJPY currency pair recently reversed from the support area between the key support level 182.70(former resistance from December) and the 61,8% Fibonacci correction of the upward impulse from December.

This support area was strengthened by the support trendline of the daily up channel from October.

Given the overriding daily uptrend, EURJPY currency pair can be expected to rise to the next resistance level 184.90 (the breakout of which can lead to further gains toward 186.00).

Source: https://fxpro.news