Chart - Courtesy Trading View
EUR/JPY was trading 0.29% higher on the day at 130.71 at around 11:35 GMT.
The pair has retraced dip below 200-DMA and daily cloud top, weakness only on break below,
ECB President Christine Lagarde reiterated the regional central bank’s readiness to keep the prices stable.
Virus numbers have eased from their record tops in the US, the UK and Europe, which in turn support risk sentiment.
German Bund yields will be eyed for clearer direction amid a lack of major data/events.
Technical bias is biased higher. Major moving averages are biased higher. Price action is trading shy of 200H MA, break above will fuel further gains.
5-DMA at 130.79 caps upside for now. Break above will see gains till 61.8% Fib at 131.15. Bullish invalidation below 200-DMA.


AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro :USD/JPY eases slightly, remains on bullish path
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
Major Pair Action Bias: Bullish Pairs to Watch Out For
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: GBP/AUD under pressure as pound continues to weaken
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 



