97,29. USD JPY broke 98,00 support. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 96,50 support (79 pips).
Resistances
98,00 - 98,80
Supports
97,10 - 96,50