107,96. There is an horizontal range between 107,70 and 108,00. Support and resistance are given by Bollinger bands. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 107,70 / 108,20 range. We won't take a position.
108,20 - 108,60
107,70 - 107,10