134,22. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 134,50 (28 pips). If the resistance breaks then the target will be 135,00 (78 pips).
134,40 - 135,00
133,50 - 132,80

tags: Forex, eurjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.