Chart - Courtesy Trading View
EUR/JPY was trading 0.29% higher on the day at 130.71 at around 11:35 GMT.
The pair has retraced dip below 200-DMA and daily cloud top, weakness only on break below,
ECB President Christine Lagarde reiterated the regional central bank’s readiness to keep the prices stable.
Virus numbers have eased from their record tops in the US, the UK and Europe, which in turn support risk sentiment.
German Bund yields will be eyed for clearer direction amid a lack of major data/events.
Technical bias is biased higher. Major moving averages are biased higher. Price action is trading shy of 200H MA, break above will fuel further gains.
5-DMA at 130.79 caps upside for now. Break above will see gains till 61.8% Fib at 131.15. Bullish invalidation below 200-DMA.


GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
JPY Action Bias: Bullish Pairs to Watch Out For
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: GBP/NZD gains some ground but bias is still bearish
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 



