FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
EUR/JPY chart - Trading View
EUR/JPY was trading 0.29% lower on the day at 129.20 at around 08:00 GMT, outlook bearish.
The pair started the week's trade with a bearish gap-down open, scope for further downside.
Turkey's President Tayyip Erdogan decided to replace hawkish central bank governor with a like-minded critic of high-interest rates.
Speculation that the decision might lead to short covering by Japanese individual investors (invested in Turkey lira for its high rates) led to spike in yen.
Stochs are showing a rollover from overbought levels and RSI is biased sharply lower.
5-DMA has turned and price action has slipped below 21-EMA. Chikou span is also biased lower.
Indicators on the intraday charts have turned bearish and price action has slipped below 200H MA.
Major trend still remains bullish. Dip till 55-EMA at 127.90 likely. Further weakness only on decisive break below.
