96,33. USD JPY broke 97,00 support. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 97,00 (67 pips). The downtrend should continue on 93,50 support (283 pips).
97,00 - 97,70
96,00 - 94,50