103,11. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 103,60. The downtrend should continue to gather momentum. The target is expected at 102,00.
103,30 - 103,70
103,00 - 102,60