FxWirePro: EUR/JPY approaches major trendline resistance at 136.58, breaks above can target 137.43 levels

EUR/JPY is extending gains for the second session and currently holds above 136 handle, close above the 136 handle could buoy bulls

• Japanese yen under pressure as markets speculate BOJ to unveil fresh stimulus next week to combat slowing economic activity
   
• EUR/JPY is currently trading at 136.30, with immediate resistance at 136.58 (trend line resistance), breaks above could see the pair at 137.43 levels 
   
• On the downside immediate support is seen at 135.87 (Daily Tenkan) and further below at 135.89 (10 DMA)
   

Resistance Levels:

R1: 136.38 (session high)
R2: 136.58 (trend line resistance)
R3: 136.60 (Oct 14 high)

Support Levels:

S1: 135.87 (Daily Tenkan)
S2: 135.89 (10 DMA)
S3: 135.60 (Cloud base)