The next major level of support at 122.95 , as indicated by my "yellow line" drawn on chart, has held thus far with bids entering the market. ADX is wavering between 18-20.( Which means enter long, with the intention to close profits quickly). A conservative trader will not touch the EURJPY until Monday, given that there is an election this weekend.
Here's where the fundamentals come in, a win for Macron , will see a stronger EUR. If you have deep pockets, putting a few pennies down on a EURJPY either at this level of support or lower might not work out too bad for you.
As for me, I'm on the sidelines on this pair till Monday. I'll take what I can from the market today through scalping.
This will be the final update on this chart. Monday will be a new day!