166,45. EUR JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 166,00. The uptrend should continue to gather momentum.
=> We could take a long position at 166,30. We will put the stop loss below 165,90 (-40 pips). The targets are 167,30 (+100 pips) 168,00(+170pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
167,10 - 168,00
166,00 - 165,30