101,27. USD JPY broke 101,50 support. USD JPY is in an downtrend directed by 4H exponential moving averages. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The target is expected at 100,00. The price should find a support above 100,50.
101,50 - 102,30
101,00 - 100,50