EUR/JPY chart - Trading View
EUR/JPY was trading 0.12% lower on the day at 131.71 at around 05:10 GMT, outlook bearish.
The pair is extending weakness for the 4th straight session, upside was rejected at 21-EMA.
Price action has slipped below 5-DMA, plunges deeper into the daily cloud. Break below cloud will plummet prices further.
Cautious sentiment prevails ahead of the key German inflation data and speech from ECB President Christine Lagarde.
Further, looming uncertainty over the Brexit talks and Germany’s push to ban British travelers add downside pressure on the quote.
Technical bias is also bearish. Momentum is with the bears. High volatility is likely to drag prices lower.
Major Support Levels:
S1: 131.17 (23.6% Fib)
S2: 130.86 (Cloud base)
S3: 130.50 (110-EMA)
Major Resistance Levels:
R1: 131.89 (55-EMA)
R2: 132.33 (21-EMA)
R3: 132.58 (20-DMA)
Summary: EUR/JPY was trading with a bearish bias. Scope for downside rises as pair plunges further into daily cloud. Break below daily cloud will accelerate weakness.


FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: AUD/USD dips after RBA Governor speech
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



