157,68. EUR JPY is in an uptrend supported by 1H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 156,70 / 158,40 range. We won't take a position. The risk/reward ratio is too high to take a position..
158,00 - 158,40
157,25 - 156,70

Arnaud Jeulin