Chart - Courtesy Trading View
EUR/JPY was trading 0.41% lower on the day at 146.25 at around 11:00 GMT.
The pair has snapped a two-day uptrend and has slipped lower to test 5-DMA support.
The single currency fails to benefit from upbeat Eurozone Retail Sales data.
Official figures released by Eurostat showed earlier on Tuesday, Eurozone’s Retail Sales rose by 0.4% MoM in September versus 0.4% expected and 0% last.
On an annualized basis, the bloc’s Retail Sales came in at -0.6% in September versus -1.4% recorded in August and -1.3% consensus forecast.
Technical analysis shows major and minor trend are bullish. But bearish RSI divergence raises scope for some weakness.
Support levels - 145.76 (5-DMA), 145.45 (21-EMA)
Resistance levels - 148.40 (Oct 21 high), 148.54 (Upper BB)
Summary: EUR/JPY finds strong support at 21-EMA, weakness only on break below. Resumption of upside will see test of fresh monthly highs above 148.40.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary 



