126,63. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 126,10 (53 pips). The consolidation should continue. If the support breaks then the target will be 121,50 (513 pips).
- 127,50 - 128,10
- 126,10 - 125,50