133,30. EUR JPY is in a range between 131,50 and 133,45. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 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 resistance below 133,50 (20 pips). If the resistance breaks then the target will be 134,50 (120 pips).
- 133,50 - 134,50
- 132,70 - 131,55