131,51. 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 decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The consolidation should continue. The price should find a support above 130,50 (101 pips). If the support breaks then the target will be 125,50 (601 pips).
- 132,85 - 134,50
- 130,50 - 128,20