94,62. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY made a false break and continues the actual trend.. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (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 95,50 (88 pips). If the resistance breaks then the target will be 100,00 (538 pips).
95,00 - 95,50
94,40 - 92,70