164,31. EUR JPY is in an uptrend supported by 1H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 164,70. The consolidation should continue. If the resistance is broken then the target will be 165,30.
164,70 - 165,30
164,00 - 163,30