EUR/JPY chart - Trading View
EUR/JPY was trading 0.19% higher on the day at 122.29 at around 10:20 GMT.
The pair is holding above 122 handle and technical indicators show scope for further upside.
Retrace from multi-month highs above 124 handle has bounced off 200-DMA support.
Price action has edged above weekly cloud and decisive close above will add to the upside bias.
Next immediate hurdle lies at 123.22 (38.2% Fib retracement of Jan 2018 high (137.506) and May 2020 low (114.397). Break above 38.2% Fib finds little resistance till 200W SMA at 124.66.
On the flipside, 21-EMA is immediate support at 121.26. Break below finds next major support at daily cloud (120.67). Bullish invalidation below 200-DMA.
Major Support - 121.26 (21-EMA)
Major Resistance - 123.22 (38.2% Fib retracement of 137.506 and 114.397)


FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro- Woodies pivot (Major)
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 



