• EUR/JPY halts downside from 55-EMA, holds 20-DMA support at 114.05.
   
• Intraday bias is lower, Stoch and RSI biased south. Price action below daily cloud.
   
• ECB rate decision due later today along with Draghi's presser will be watched for further direction.
   
• Currently, the pair is hovering around 50-DMA at 114.35, decisive break above targets 55-EMA at 115.35.
   
• On the flipside break below 20-DMA at 114.05 will see drag upto 112.30 levels.
   
• Major support levels - 114.05 (20-DMA), 113.45 (trendline), 113, 112.65 (Aug 18 low)
   
• Major resistance levels - 114.36 (50-DMA), 114.83 (10-DMA), 114.88 (Sept 7 high), 115