103,41. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 103,50. The downtrend should continue to gather momentum. The price should find a support above 102,60.
103,50 - 103,70
103,20 - 102,60