• Main trend: consolidation
  • Short-term trend: consolidation
    R6: 150 psychological
    R5: 148 bottom
    R4: 146.0 Fibonacci projection level
    R3: 143.5 Fibonacci projection level
    R2: 138.0 tops
    R1: 135.4 Fibonacci projection level
    S1: 129.0 tops of consolidations
    S2: 126.0 bottom level of consolidation, tops
    S3: 122.0 Fibonacci projection level
    S4: 117.0 bottoms
  • EURJPY is testing 129 level.
  • MACD is in slow declining trend.
  • Both ROCs are in sideways trend close to zero level.
  • RSI is in sideways trend below neutral level.
  • Yen should weaken in consolidation above 129 level. Continuation of mid-term consolidation in range of 129 - 135.4 is most likely technical scenario.