Neutral Bias, EURJPY Awaits New Catalysts

Based on 4-hour chart, the bias tends to neutral with a range of potential trading range between 135.15 (Fibo 38.2% of 149.77-126.08) to 135.45 (MA-21).

Break back below 135.15 area would put the price back under bearish pressure to retest the 134.85 area, before testing 134.35 area. While a clear break above 135.45 area could trigger bullish momentum on the price to test the area of 135.80 or even 136.20 area.