133,50. EUR JPY is in a consolidation after the last bullish movement. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The downtrend should continue on 134,15 support (65 pips).
Resistances
133,60 - 134,15
Supports
133,15 - 132,60

tags: Forex, eurjpy
author: Arnaud Jeulin
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