95,96. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 96,10 (14 pips). The downtrend should continue to gather momentum.
Resistances
96,10 - 97,30
Supports
95,50 - 95,00

tags: Forex, usdjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.