99,50. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 100,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
100,00 - 100,50
98,80 - 97,60