108,13. USD JPY is in a range between 107,45 and 108,45. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a resistance below 108,45. We won't take a position. The risk/reward ratio is too high to take a position..
108,30 - 108,45
108,00 - 107,50