119,92. EUR JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 120,35 (43 pips). The price should consolidate. If the resistance breaks then the target will be 122,00 (208 pips).
120,35 - 122,00
119,10 - 118,00