In general, the EUR/JPY is fluctuating in value. In recent days, the EUR/JPY pair has traded above the critical level of 131 and into the resistance zone of 131.50 with the next support zone being 130.00. If the EUR/JPY breaks through the resistance zone of 131.50, look for short-term buying opportunities in the pair.
The support rests at 131.72 with resistance at 131.72 which the Pivot Point at 131.64 is located below the price line. The EMA of 10 is moving in bullish bias in the ascendant channel and it is crossed the EMA of 100 and the EMA of 200 which both are moving upward. The RSI is moving in high ranges as well as the Stochastic. The MACD histogram is in positive territory with upward signals. 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 131.72, followed by resistance at 131.89 and 131.97.
• There is support at 131.47 Below, there is 131.39 and 131.29.

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.