132,47. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. The volatility rises. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 132,50 (3 pips). The downtrend should continue to gather momentum.
Resistances
132,50 - 134,15
Supports
131,00 - 130,25

tags: Forex, eurjpy
author: Arnaud Jeulin
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