127,37. 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 decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 128,20 (83 pips). The downtrend should continue on 124,50 support (287 pips).
128,20 - 129,70
126,10 - 124,50