108,26. USD JPY broke 107,70 resistance. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue to gather momentum. The target is expected at 109,00 (75 pips).
108,40 - 109,00
107,70 - 107,00