128,21. 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. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 130,00 (179 pips). The downtrend should continue to gather momentum.
- 129,90 - 130,90
- 127,80 - 127,00