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FxWirePro-Major European Indices 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
- Major resistance -1.4450 (trend line joining 1.46680 and 1.45860)
- The pair has recovered after making a low of 1. term trend is slightly bullish as long as support 1.4320 holds.
- Any break below 1.4320 will drag the pair down till 1.4240 level. On the higher side break above 1.4450 confirms minor trend reversal, a jump till 1.4500/1.4570 is possible .
- Overall bearish invalidation only above 1.4600.
It is good to buy above 1.4450 with SL around 1.4400 for the TP of 1.4500/1.4580
