156,61. EUR JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 156,70. The downtrend should continue to gather momentum. The target is expected at 154,00 (260 pips).
156,70 - 157,00
156,05 - 155,60