108,25. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 109,00 (80 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
108,40 - 109,00
107,70 - 106,80