109,65. USD JPY is in a range between 108,20 and 109,80. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 108,20 / 109,80 range. If the resistance is broken then the target will be 111,00. We won't take a position. The risk/reward ratio is too high to take a position..
109,80 - 111,00
109,20 - 108,20