156,03. EUR JPY broke 157,00 support. EUR JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue to gather momentum. The target is expected at 155,00 (100 pips). The price should find a support above 155,50.
156,70 - 157,00
155,75 - 155,50