106,54. USD JPY is in a range between 106,25 and 106,80. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support is broken then the target will be 104,50. We won't take a position. The risk/reward ratio is too high to take a position..
106,80 - 107,00
106,25 - 105,80