EUR/USD Tests 1.16314, USD/JPY Slides Toward 154.05 📊

EUR/USD closed at 1.1624 after rising from 1.161, GBP/USD finished at 1.3539 after climbing from 1.3509, and USD/JPY ended at 154.66 after falling from 156.11; the session also framed the 200-day average at 1.16314 and the five-session boundaries across all three pairs. 📉📈 USD/JPY stood out most clearly, dropping 0.93% on the day and 3.44% over five sessions, leaving price just above the bottom of the five-session range at 154.05 and below both the 50-day average at 160.6308 and the 200-day average at 158.45486. The most pivotal setup is EUR/USD, where the decisive level is the 200-day average at 1.16314 and price is currently below it at 1.1624. The ECB Governing Council meeting begins on Wednesday, September 9, and continues on Thursday, September 10, with the monetary policy decision and press conference on Thursday. What remains unresolved is whether EUR/USD can clear 1.16314, whether GBP/USD can break 1.3549, and whether USD/JPY can slip below 154.05 before Thursday’s US Producer Price Index at 8:30 in the morning Eastern Time. The Money Mosaic examines whether these range edges hold, which catalyst matters most, and how the next one to three sessions may resolve the pressure.