92,41. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 92,55 (14 pips). The downtrend should continue to gather momentum.
- 92,55 - 93,35
- 91,95 - 91,50