117,67. EUR JPY is in a consolidation after the last bearish movement. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a support above 116,50 (117 pips). If the support is broken then the target will be 110,00 (767 pips).
118,20 - 119,50
116,50 - 115,80