FxWirePro: EUR/JPY holds above 135.00, markets await ECB minutes

Rise in EUR/USD pushing EUR/JPY cross higher, move unconvincing, lacks clear fundamental trigger.

• The ECB accounts due later today to influence direction from the current levels
   
• Tenkan & kijun lines are negatively aligned ahead, but Stochs and RSI point to strength short-term
   
• An element of caution for bulls is advised, with a series of minutes from the BOE, ECB and Fed lined for release today
   
• EUR/JPY is currently trading at 135.25, with immediate minor resistance at 135.47 (55 EMA), strong resistance by trend line at 136.00
   
• On the flipside strong support is seen at 134.72 (day's low and converging 10 and 200 DMA), and further below at 134.62 (Daily Low Oct 7)

Resistance Levels:

R1: 135.47 (55 EMA)

R2: 135.78 (61.8% Fibo 137.40-133.18)

R3: 135.72 (Daily High Oct 5(day's low and converging 10 and 200 DMA)

Support Levels:

S1: 134.72 (day's low and 200 DMA)

S2: 134.62 (Daily Low Oct 7)

S3: 134.59 (Tenkan-Sen)