106,69. USD JPY is in a range between 106,00 and 107,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 106,00 / 107,25 range. If the support is broken then the target will be 105,00. We won't take a position. The risk/reward ratio is too high to take a position..
106,80 - 107,50
106,30 - 106,00