109,34. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 108,20 and 109,80. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The consolidation should continue. The price should find a support above 108,00. If the support is broken then the target will be 104,00.
109,40 - 109,80
108,80 - 108,20