Looking daily chart, we can pull a trend line 14th of April 2014.

eurjpy-d

There is nice intersection with horizontal support line at 133.50. There are also WS1 and MM1 support at 133.45.

eurjpy-4h

So let’s pay attention to this marked spot, if we will see some kind of rejection there, so price could start to move up from it, or we will get clean break, close bellow trend line and support on daily candle and then wait for a retest from bellow and move down.

There are some middle level news in Japan in future hours, in EU there is Final manufacturing news.

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