EUR/JPY – 2H – SELL

The EUR/JPY 2H chart has triggered a robust bearish signal cluster, with a Bear Flag pattern confirmed alongside multiple momentum oscillators crossing below zero (MOM, ROC, ROCR) and a BOP Zero Cross Down, indicating sellers are firmly in control. The DEMA Retreat Down adds to the bearish momentum, while the STOCH KD Cross Up suggests a minor short-term pullback within the broader downtrend. This confluence of chart pattern, candlestick, and indicator signals points to a continuation of the prevailing bearish move.

Across timeframes, the bearish trend is well-established, with very strong bearish trends on the 15m, 1h, and 2h charts, and solid bearish trends on the 30m, 4h, and 8h. The 12h is showing a forming bearish trend, but the daily chart remains choppy and sideways, which could limit the depth of the move. The nearest resistance at 187.46700 is a key level to watch for a potential pullback, while the nearest support at 182.11700 is the primary downside target. A break below this support would confirm further bearish momentum.