- EUR/JPY was rejected at session highs by 124.13, has slipped below 124 handle to currently trade at 123.45.
- The shared currency is losing the grip in the European session as we head into eurozone flash inflation data.
- The pair finds major resistance at 124.19 (trendline and 55-EMA), breaks above needed for further upside, weakness only below 123 levels.
- Supports on the downside are located at 123.08 (converged 5&10-DMA), 122.65 (May 30th lows) and 122.21 (May 27th lows).
- Resistances above 124.19 are seen at 124.65 (May 12th highs) and then 125.
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-JPY-extends-gains-above-123-handle-focus-now-on-German-CPI-data-214632) has hit TP1 and 2.
Recommend holding for targets. Bullish invalidation below 123 levels.


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holding bid into weekend
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major European Indices
FxWirePro: NZD/USD softens on Iran peace talk failure
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major Pair levels and bias summary 



