105,42. USD JPY is in an uptrend supported by 1H 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 price should find a resistance below 106,00 (55 pips). The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
105,80 - 106,00
105,25 - 104,90