97,08. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 97,85 (77 pips). The downtrend should continue to gather momentum.
- 97,85 - 98,50
- 97,00 - 96,40