124,72. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The uptrend should continue on 126,10 resistance (138 pips).
- 125,15 - 126,10
- 124,15 - 123,00