EUR/JPY – 1D – SELL

The EUR/JPY daily chart has fired a dense cluster of bearish momentum signals, including CCI, MOM, ROC, and ROCR zero-line crosses to the downside, a DX strong trend reading, a STOCHF KD cross down, and a WILLR oversold entry. These indicators together confirm that downside momentum is accelerating and that the prevailing trend is firmly bearish. The trend alignment across timeframes is consistent, with all timeframes from 15 minutes up to the daily chart showing bearish bias, and the higher timeframes (8H, 12H, 1D) all rated as solid trends (3/5). This confluence of momentum and trend strength supports the continuation of the selloff. The nearest resistance is at 186.015, which now serves as a key overhead level; any retracement toward this area could attract sellers. However, no nearest support is defined, meaning the pair is in price discovery on the downside, and traders should watch for potential support levels on lower timeframes or round numbers. The signal is strong, but the lack of a defined support level increases the risk of a sharp reversal if momentum stalls.