166,02. EUR JPY is in a range between 165,55 and 167,00. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won't take a position.
166,25 - 167,00
165,80 - 165,55