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  • EUR/JPY remains sideways in the 117-119 range.
  • Support is seen near the 118.17, 117.85 and 117.31 levels.

EUR/JPY daily chart

EUR/JPY is trading below the main daily SMAs suggesting a bearish bias in the medium term. The spot is about to end the New York session below the 119.00 figure. 

EUR/JPY four-hour chart

EUR/JPY remains sidelined in the 117-119 range as market participants can’t find a direction for the currency cross. The market keeps an underlying bearish bias with the spot trading below the main SMAs on the four-hour chart.  
Resistance: 118.79, 119.30, 119.53 
Support: 118.17, 117.85, 117.31 

Additional key levels