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EUR/JPY chart - Trading View
EUR/JPY slips lower from session highs at 122.11, trades marginally higher at 121.64 at 07:55 GMT.
Price action has found stiff resistance at 200H MA at 122.12, break above required for further gains.
Price action is above cloud and 200-DMA. Major and minor trend as evidenced by the GMMA indicator are bullish.
Resumption of downside will see major support at 200-DMA at 119.52. Break below will open downside.
Major Support - 120.40 (21-EMA)
Major Resistance - 122.12 (200H MA)
