EUR/JPY chart - Trading View
EUR/JPY extends gains after upbeat German ZEW Economic Sentiment data boosts euro.
The German ZEW Economic Sentiment came out at 71.5 points in August, above expectations, and rising from 59.3 reported in July.
On the other hand, the Current Conditions figure deteriorated to -81.3, worse than projected and below -80.9 reported in July.
The pair is trading above weekly cloud and momentum is bullish. Price action hovers around 200W MA.
Decisive breakout at 200W MA will propel the pair higher. Next major bull target lies at 61.8% Fib at 128.67.
21-EMA is strong support at 123.81. Major trend is bullish. Minor trend is turning bullish.
Support levels - 123.81 (21-EMA), 123.22 (38.2% Fib)
Resistance levels - 125.95 (50% Fib), 127.50 (Feb 2019 high)


FxWirePro- Major Crypto levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/CAD slips after Fed holds rates steady
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro:EUR/NZD gains some upside momentum but still bearish
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 



