EUR/JPY chart - Trading View
EUR/JPY was trading 0.27% higher on the day at 130.47 at around 09:45 GMT, bias bullish.
The pair has resumed upside after a brief pause and a Dragonfly Doji formation on the previous session's candle aids upside.
The common currency buoyed across the board on reports that the EU may hit vaccination target earlier than projected.
A stronger Eurozone Sentix investor confidence index, which jumped to 13.1 for April, further underpinned the euro.
Meanwhile, the Unemployment Rate in the euro area failed to meet expectations and stayed put at 8.3% during February.
Support levels - 130.15 (5-DMA), 129.64 (20-DMA), 129.49 (21-EMA)
Resistance levels - 130.30 (200-month MA), 130.96 (Upper W BB), 132.05 (76.4% Fib)
Summary: Technical bias for the pair is majorly bullish. Pullbacks have been shallow. Price action is attempting break above 200-month MA. Scope for test of 76.4% Fib at 132 levels.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
ETHUSD Dip: Prime Buy Zone to $3600 Targets
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/CNY hits 15-month low , scope for further downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro- Major Pair levels and bias summary
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 



