A post by @FirstSquawk on X.

EUR/JPY fell below the 178.00 level, with the currency pair's bearish outlook remaining intact while it trades under its 100-day moving average. The break below the round-number threshold signals continued downside pressure on the euro against the yen. The 100-day moving average serves as the key technical barrier distinguishing the current bearish bias from a potential reversal. Traders will watch whether EUR/JPY can reclaim the 178.00 handle and the 100-day average, or whether the pair extends losses toward lower support levels.