EUR/JPY chart - Trading View
EUR/JPY is extending weakness for the 4th straight week, bias bearish.
Ongoing Sino-U.S. trade conflict, uncertainty surrounding Brexit and the potential implications of the European parliamentary elections continue to weigh on the euro.
The pair trades well below daily cloud and major moving averages. Stochs and RSI are sharply lower and 5-DMA caps upside.
Major trend is bearish. 5-DMA caps upside. Immediate bear target is at 121.70 (trendline). Break below eyes 78.6% Fib at 120.68.
Strong resistance is seen at 123.13 (21-EMA). Bearish invalidation only above 200-DMA.
Support levels - 121.70 (trendline), 120.68 (78.6% Fib), 120
Resistance levels - 122.33 (5-DMA), 123.13 (21-EMA), 124
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices 



