116,20. EUR JPY is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 117,00 (80 pips). The downtrend should continue to gather momentum.
116,50 - 117,00
115,25 - 114,50