135,75. EUR JPY broke 134,65 resistance. EUR JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 136,15 (40 pips). The consolidation should continue. If the resistance breaks then the target will be 137,10 (135 pips).
- 136,15 - 137,00
- 135,00 - 134,60