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Chart - Courtesy Trading View
Technical Analysis:
- EUR/JPY was trading 0.30% lower on the dy at 143.85 at around 09:45 GMT
- The pair remains capped within the daily Ichimoku cloud
- MACD is on verge of bullish crossover on signal line
- Stochs are bias higher, RSI is flat and remains below the 50 mark
- The pair is extending choppy trade around 21-EMA
Support levels - 144.01 (21-EMA), 143.68 (5-DMA)
Resistance levels - 144.82 (Cloud top), 146.05 (Upper BB)
Summary: EUR/JPY trades directionless, capped inside the daily Ichimoku cloud. Breakout will provide clear direction for the pair.
