136,89. EUR JPY is in an uptrend supported by 1H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. There is an horizontal range between 136,00 and 137,30. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a support above 136,00 (89 pips). The uptrend should continue to gather momentum.
- 137,30 - 138,00
- 136,30 - 135,70