106,70. 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 consolidation should continue. The price should continue to move in 105,50 / 107,10 range. We won't take a position. The risk/reward ratio is too high to take a position..
107,00 - 107,60
106,00 - 105,70 - 105,00