160,03. EUR JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The consolidation should continue. The price should continue to move in 159,00 / 160,50 range. If the support is broken then the target will be 158,40.
160,40 - 161,60
159,10 - 158,40