102,92. USD JPY broke 102,30 support. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 103,50. The uptrend seems to be finished. The trend should reverse. The target is expected at 101,40.
103,50 - 104,10
102,70 - 102,00