EUR/JPY chart - Trading View
EUR/JPY was trading 0.12% lower on the day at 123.62 at around 10:45 GMT, after closing 0.29% lower in the previous session.
Surge in Covid-19 cases across Europe, which has increased fears of a "double-dip" scenario weighs on investor confidence.
Technical bias is neutral to slightly bearish. Recovery is capped below 124 handle. Stochs and RSI are biased lower.
Price action has slipped below cloud and eyes next major support at 110-EMA at 123.14. Break below 110-EMA will see test of 38.2% Fib at 122.23.
On the flipside, 20-DMA is strong resistance at 124.02. Break above cloud will negate bearish bias.


FxWirePro: AUD/USD dips below lower range, bearish bias increases
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Major Pair levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/ CNY remains soft ahead of Fed decision 



