• EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases
  
  
• The pair trades modestly flat at 135.01, oscillating in a 30 pips narrow range
  
  
• Daily price action continues to rage within the cloud, which spans 133.57-137.83
  
  
• Immediate resistance is located at 135.86 (Daily High Jul 16) above which gains could extend to 136 levels
  
  
• Supports on the downside might be located at 134.88 and then at 133.57 levels

Resistance Levels: 

R3: 136.99 (Kijun-Sen)

R2: 135.86 (Daily High Jul 16)

R1: 135.26 (Session High Jul 17)

Support Levels:

S1: 134.88 (Session Low Jul 17)

S2: 133.57 (Ichimoku Cloud Base)

S3: 133.30 (Daily Low Jul 9)