129,95. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 130,90 (95 pips). The downtrend should continue to gather momentum.
- 130,90 - 133,90
- 129,50 - 128,00