EUR / JPY pair
Higher timeframes
The state of uncertainty is preserved. The EUR/JPY pair continues to work in the daytime cloud and in the zone of attraction of the monthly short-term trend (132.54). Exit from the cloud to the bull zone (133.22 - 41) will form new upward prospects and goals. The return to the daytime cloud (the lower boundary of the day cloud 131.71 + daytime Tenkan 132.00) into the bearish zone is likely to cause an increase in downward sentiment and will open the way to support levels of 131.40 (daytime Fibo Kijun) and 131 (daily Kijun + Tenkan).
H4 - H1
The fight against the resistance to work out the H4 target and monthly Tenkan (132,54) continues. The next significant zone of resistance is located at 133.41-22. In the current situation, a lot of support has been formed. The greatest value can have a breakdown of the H4 cloud and the exit from the day cloud to the bear zone (132 - 131.70-41). Overcoming these support data will change the existing balance of power and form a downside target.
