• The single currency relentlessly sold-off amid risk-aversion as traders await upcoming Euro group meeting. Markets await fresh incentives from the Euro Summit on Greek debt negotiations.
  
  
• EUR/JPY hovers near daily lows at 134.62. Daily cloud top at 134.00 is likely to provide strong support. 

Resistance Levels:

R1: 136.06 (Daily High Jul 6)    
        
R2: 136.29 (Tenkan-Sen)  
               
R3: 136.85 (Daily High Jul 3)      
      
Support Levels:

S1: 134.00 (Daily cloud top)

S2: 133.70 (Daily Low Jul 6)   
  
S3: 133.58 (100 DMA)