158,74. EUR JPY is in a consolidation after the last bullish movement. EUR JPY broke the downtrend to begin a bullish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 159,20. The consolidation should continue. If the resistance is broken then the target will be 160,00. We won't take a position. The risk/reward ratio is too high to take a position..
159,20 - 159,65
158,30 - 157,50