127,19. EUR JPY is in an downtrend directed by 1H exponential moving averages. EUR JPY is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a resistance below 128,00 (81 pips). The downtrend should continue to gather momentum.
Resistances
127,50 - 128,10
Supports
126,10 - 125,20