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EUR/JPY chart - Trading View
Technical Bias: Neutral
EUR/JPY was trading 0.12% higher on the day at 131.49 at around 12:15 GMT.
The pair has bounced off 110-EMA support and has retraced brief dip below daily cloud.
RSI has turned north from near oversold levels and is now biased higher. Stochs are on verge of rollover from oversold levels.
Intraday bias on the GMMA indicator shows major and minor trend are neutral on the intraday charts.
A 'Golden Cross' (bullish 50-SMA crossover on 200-SMA) on the weekly charts keeps downside limited.
Break above daily cloud will see upside resumption. On the flipside, break below 110-EMA will drag the pair lower.
