Chart - Courtesy Trading View
EUR/JPY was trading 0.32% lower on the day at 137.65 at around 05:50 GMT.
The pair is extending weakness for the fourth straight session, outlook remains bearish.
The Japanese Yen found safe-haven bids following the unfortunate news of of ex-Japan PM Shinzo Abe being shot, dragging the pair lower.
Technical indicators are biased lower. MACD and ADX support downside in the pair.
Focus now on speech from ECB President Christine Lagarde where traders will be more interested in hearing about July rate hikes.
Daily cloud is next major support at 136.63. Break below will see further downside in the pair.
Major Support Levels:
S1: 136.63 (Nearly converged 38.2% Fib and daily cloud)
S2: 134.32 (50% Fib)
Major Resistance Levels:
R1: 139.06 (5-DMA)
R2: 139.56 (23.6% Fib)
Summary: EUR/JPY pivotal at cloud support. Break below will see weakness. Scope for test of 50% Fib.


FxWirePro- Woodies pivot (Major)
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



