EUR/JPY Holds Near 185.50 as Nine-Day EMA Support Comes into Play - CryptoRank

EUR/JPY is holding near 185.50 above the nine-day EMA as stronger eurozone PMI and a hawkish ECB (deposit rate 4.00%) contrast with the BOJ's -0.10%, providing carry-trade support. If the EMA holds the immediate upside targets are 186.80, 187.00 and 188.00 while a daily close below would expose 184.90 (20-day EMA) and 184.00; the pair's risk-on sensitivity and carry flows could also influence crypto, DeFi activity and capital movement between DEX and CEX. BitcoinWorld EUR/JPY Holds Near 185.50 as Nine-Day EMA Support Comes into Play The euro-yen cross is trading near 185.50 on Tuesday, hovering just above the nine-day exponential moving average (EMA), a level that has acted as short-term support in recent sessions.