105,30. USD JPY broke 104,30 resistance. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 105,80 (50 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
105,30 - 105,80
104,60 - 104,30