155,88. EUR JPY is in a consolidation after the last bullish movement. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 156,70 resistance. The volatility decreases. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 156,80 / 157,00. The uptrend seems to be finished. The target is expected at 153,00.
156,70 - 157,00
155,20 - 154,75

Arnaud Jeulin