Chart - Courtesy Trading View
EUR/JPY was trading 0.21% lower on the day at 137.27 at around 15:30 GMT. The single currency unfazed after mixed ZEW Surveys and Eurozone data.
The German ZEW headline numbers for May showed that the Economic Sentiment Index improved to -34.3 despite looming recession risks, from -41.0 previous and beating estimates of -42.0.
Meanwhile, the Current Situation sub-index slumped to -36.5 in May, below forecasts at -35.0 and compared to -30.8 recorded in the previous month.
The Eurozone ZEW Economic Sentiment Index stood at -29.5 in the current month as compared to the -43.0 previous reading and -41.0 expected.
Technical indicators do not provide a clear directional bias. Major trend is bullish, but minor trend has gone neutral as evidenced by the GMMA indicator.
21-EMA is major support at 136.72. Break below will drag the pair lower. Breach below cloud or 200-DMA will change major trend to bearish.


FxWirePro- Major Pair levels and bias summary
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro :USD/JPY eases slightly, remains on bullish path
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Crypto levels and bias summary 



