Chart - Courtesy Trading View
EUR/JPY was trading 0.42% lower on the day at 146.50 at around 10:35 GMT. The pair has snapped a six-day bearish streak and has slipped below the 147 handle.
According to Eurostat’s final reading, Eurozone Harmonised Index of Consumer Prices (HICP) inflation surged 9.9% in September, on an annualized basis.
The reading missed expectations of 10.0% while against the previous reading of 10.0%. Core figures rose by 4.8% YoY, meeting the 4.8% market estimates and 4.8% last.
The bloc’s HICP rose by 1.2% MoM versus 1.2% expected and 1.2% first estimate. The core HICP numbers printed at 1.0% MoM versus 1.0% expected and 1.0% previous.
The pair has slipped lower from 8-year high at 147.25, major trend remains bullish. Volatility is high and rising.
5-DMA is immediate support at 145.71. Break below will see dip till 21-EMA at 143.21.


FxWirePro- Major Crypto levels and bias summary
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Pair levels and bias summary
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: GBP/USD dips on UK GDP data miss
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major European Indices
FxWirePro: USD/CAD recovers slightly but trend is still bearish 



