105,74. USD JPY is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a resistance below 106,40. The downtrend should continue to gather momentum. The target is expected at 104,50 (120 pips).
106,15 - 107,50
105,00 - 104,50