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EUR/JPY chart - Trading View
EUR/JPY is extending gains for the 4th straight session, tests 200-DMA at 120.03.
The pair was trading 0.78% higher on the day at 120.17 at 11:05 GMT, bias is turning slightly bullish.
Stochs and RSI have turned bullish on the weekly charts. The pair has largely ignored 'Death Cross' on the daily charts.
Decisive break above 200-DMA will see next major hurdle at 50W SMA at 120.572.
Break above 50W-SMA could see upside continuation. Rejection at 50W SMA will see resumption of weakness.
Support levels - 119.90 (50-DMA), 118.86 (5-DMA)
Resistance levels - 120.572 (50W SMA), 121.045 (Upper BB)
