FxWirePro: EUR/JPY hovers around 116 handle, intraday bias higher

• EUR/JPY is extending bounce off major trendline support at 113.95 on Tuesday's trade.
   
• The pair has broken major resistance at 115.75 and intraday bias is higher.
   
• Yen subdued amid news that the BOJ is likely to move rates further in the negative territory next week.
   
• Eurozone Industrial Production data due later in focus for further direction.
   
• Major support levels - 115.23 (5-DMA), 115, 114.52 (50-DMA), 114, 113.95 (trendline)
   
• Major resistance levels - 116.70 (trendline), 117, 117.39 (100-DMA)
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Recommendation: Good to buy dips around 115.75, SL: 114.50, TP: 116/ 116.70/ 117