95,38. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 95,80 (42 pips). The downtrend should continue to gather momentum.
Resistances
95,80 - 96,35
Supports
95,00 - 94,80

tags: Forex, usdjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.