• EUR/JPY is extending range trade for a 2nd consecutive day, with day's high at 114.81 and low at 114.06.
   
• The pair fell to 113.88, the lowest since July 12 after BoJ disappointed by holding interest rates, JGB purchases and monetary base unchanged.
   
• Downside finds major trendline support at 113.75, further weakness only on break below.
   
• Intraday bias is neutral. Stochs on daily charts are at oversold so some reversal likely.
   
• Break below 113.75 could drag the pair to 113 and violation there could see test of 112.40.
   
• On the flipside, break above 5-DMA resistance at 115.17 could see gains upto 116.25 (trendline) and then 117.25 (50-DMA).