103,82. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 104,20. The downtrend should resume. The price should find a support above 102,60 (120 pips).
104,20 - 104,70
103,70 - 103,40