157,16. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. The price is just above 156,00 support. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 156,00 / 157,60 range. If the support is broken then the target will be 154,00 (315 pips).
- 157,40 - 157,60
- 156,90 - 156,20