The EUR/JPY exchange rate is often fluctuating. The 133.50 resistance level is acting as a stumbling block for the price and may provide as immediate resistance if the pair makes a rebound.
The support rests at 132.28 with resistance at 132.50 which the Pivot Point at 132.42 is located above the price line. The EMA of 10 is moving in bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving toward oversold area, the MACD histogram is in positive territory. The Stochastic is moving in high ranges with a sell crossover signal and the ADX is not showing a clear signal.
The price is above the Ichimoku Cloud and the Chinkou Span is moving near the market price. Both Tenkan-sen and Kijun-sen are showing a horizontal state.

• There is resistance at 132.50, followed by resistance at 132.64 and 132.72.
• There is support at 132.28 Below, there is 132.20 and 132.06.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.