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Chart - Courtesy Trading View
EUR/JPY was trading 0.30% higher on the day at 146.39 at around 10:35 GMT.
The pair is extending gains for the second consecutive session, bias remains bullish.
Upbeat German industrial Production data keeps the single currency buoyed.
Data released earlier on Monday showed German Industrial Output jumped by 0.6% MoM in September, beating expectations at -0.8% and -1.2% prior.
On an annualized basis, German Industrial Production grew by 2.6%, much higher than 0.5% expected versus a 1.6% increase booked previously.
GMMA indicator shows major and minor trend are bullish on the intraday charts. Chikou span is biased higher.
The pair has retraced dip below 21-EMA, scope for upside continuation. Weakness only below 21-EMA.
