EUR/JPY Remains Stronger Near 184.50 After Tokyo Inflation Data: Yen Weakness Deepens

EUR/JPY is trading bullish near 184.50 after Tokyo CPI data showed headline inflation at 2.8% YoY and core at 2.5%, a print markets judged insufficient to force BoJ tightening. The resulting yen weakness, combined with ECB hawkishness and widening yield differentials, is supporting further euro gains versus the yen. Technicals reinforce the upside: the 50-day moving average near 183.00 offers support, RSI around 60 leaves room to run, and immediate resistance sits at the 185.00 psychological level (next at 186.50). Traders will watch upcoming Eurozone inflation and BoJ policy for potential reversals or intervention risk.