103,98. USD JPY is in an uptrend supported by 4H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 103,90. If the support is broken then the target will be 103,00. We won't take a position. The risk/reward ratio is too high to take a position..
104,10 - 104,30
103,90 - 103,30