EUR/JPY Weekly Outlook Turns Cautious After Drop to 183.95

EUR/JPY's weekly technical outlook has shifted to cautious after the pair fell to 183.95, indicating the rebound from 182.01 likely ended at 186.18 resistance. The bias remains neutral intraday with downside risks prevailing while 186.18 caps gains. A break below 183.95 would expose 182.01 support, while a firm move above 186.18 would revive the rebound toward 187.93. The longer-term uptrend from the 2020 low at 114.42 remains intact, targeting 194.88, provided the 55-week EMA near 178.98 holds.