Technical outlook and chart setups:
The EUR/JPY pair is trading around the level of 134.00 now, having stuck in a range between 133.20 and 134.50 respectively. The pair is also seen to be testing the resistance trend line, just peeping out into the buy zone now. A breakout above 134.50 would be extremely encouraging to bulls and open doors for a rally through the levels of 136.00/137.00 respectively. On the flip side, a drop below 133.20 would confirm a meaningful top is in place around 134.50 and prices should head lower. Immediate support is seen at the levels of 133.20, while resistance is seen at 134.50 respectively.
Remain flat now.