159,12. EUR JPY is in an uptrend supported by 4H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. EUR JPY is in a range between 158,00 and 159,40. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 159,40. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
159,40 - 159,65
158,90 - 158,00