134,96. EUR JPY is in an uptrend supported by 1H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 135,50 (54 pips). If the resistance breaks then the target will be 136,10 (114 pips).
- 135,50 - 136,10
- 134,60 - 133,40