161,88. EUR JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should continue to move in 161,50 / 163,00 range. The price should find a resistance below 162,50. We won't take a position. The risk/reward ratio is too high to take a position..
162,50 - 163,00
161,50 - 161,00