97,02. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 97,45 (43 pips). The downtrend should continue to gather momentum.
Resistances
97,45 - 97,50
Supports
96,10 - 95,50

tags: Forex, usdjpy
author: Arnaud Jeulin
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