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- EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases
- The pair trades modestly flat at 135.01, oscillating in a 30 pips narrow range
- Daily price action continues to rage within the cloud, which spans 133.57-137.83
- Immediate resistance is located at 135.86 (Daily High Jul 16) above which gains could extend to 136 levels
- Supports on the downside might be located at 134.88 and then at 133.57 levels
R3: 136.99 (Kijun-Sen)
R2: 135.86 (Daily High Jul 16)
R1: 135.26 (Session High Jul 17)
Support Levels:
S1: 134.88 (Session Low Jul 17)
S2: 133.57 (Ichimoku Cloud Base)
S3: 133.30 (Daily Low Jul 9)
