127,56. EUR JPY is in a consolidation after the last bearish movement. EUR JPY is in a range between 126,10 and 128,10. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. If the support breaks then the target will be 122,00 (556 pips).
- 128,10 - 129,70
- 126,10 - 125,50