EURJPY under Bearish Pressure
On EURJPY sellers finally showed real intent. The rejection from that high was sharp and fast.
The most critical shift happened when price broke the ascending trendline and buyers failed to immediately reclaim it. Once that support failed, price re-entered the prior zone around, buyers attempted to buy back but only managed to reach about 50% of the move and you can already see hesitation.
This structural break is important. That flips the script: buyers are now trapped.