157,32. There is an horizontal range between 156,50 and 157,90. Support and resistance are given by Bollinger bands. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
157,80 - 158,10
157,00 - 156,50

Arnaud Jeulin