132,65. EUR JPY is in a range between 132,40 and 135,00. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a support above 132,40 (25 pips). If the support breaks then the target will be 131,30 (135 pips).
Resistances
133,15 - 134,00
Supports
132,40 - 131,30

tags: Forex, eurjpy
author: Arnaud Jeulin
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