A bullish trend is observable on the EURJPY chart. However, Monday’s trading will help to confirm this trading notion.
The support rests at 131.22 with resistance at 131.33 which the Pivot Point at 131.29 is located above the price line. The EMA of 10 is moving in bullish bias in the ascendant channel and it crossed the EMA of 100 and the EMA of 200. The RSI is moving around the 50 level, the MACD histogram is in positive territory. The Stochastic is moving in high ranges with and the ADX is not showing a clear signal.
The price is above the Ichimoku Cloud and the Chinkou Span is moving far away the market price. Both Tenkan-sen and Kijun-sen are both showing an uptrend.

• There is resistance at 131.33, followed by resistance at 131.40 and 131.44.
• There is support at 131.22 Below, there is 131.18 and 131.11.

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.