158,68. EUR JPY broke 157,00 resistance. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 159,00. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
159,00 - 159,25
157,60 - 157,00