161,33. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 160,00. If the support is broken then the target will be 155,00.
161,60 - 162,75
160,60 - 160,00