ECB Decision Weighs on EUR/JPY Sentiment
The European Central Bank's recent decision has left market participants cautious about the Euro against the Yen.
EUR/JPY failed to hold gains after the policy event, indicating a lack of conviction in support for the Euro.
The pair is trading below its key moving averages and showing strong downside momentum, targeting a ¥177.57 to ¥179.35 range in the coming days.