116,35. EUR JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 117,00 (65 pips). The downtrend should continue to gather momentum.
117,00 - 117,95
115,30 - 114,50