128,66. EUR JPY broke 131,00 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a support above 128,00 (66 pips). The price should consolidate. If the support breaks then the target will be 126,00 (266 pips).
- 129,50 - 131,05
- 128,20 - 126,60