On the downside any break below 135.20 will drag the pair further down till 135/1.34.45 in short term.
The pair’s minor resistance is around 136 and any break above will extend gains till 136.60/137.20.
Indicator (1 Hours chart)
(50) - Buy
(14) – Buy
We prefer to buy EUR/JPY around 135.55 with stop around 135.20 for the target of 136.10/136.60.