107,53. USD JPY is in a range between 107,40 and 108,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 107,50. If the support is broken then the target will be 105,50.
We are waiting for a break of support to take a short position.
107,85 - 108,50
107,40 - 106,75