131,55. EUR JPY broke 130,00 resistance. 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, 4H (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 support above 130,50 (105 pips). The uptrend should continue to gather momentum.
- 132,00 - 133,50
- 131,20 - 130,50