95,23. There is an horizontal range between 95,10 and 96,50. Support and resistance are given by Bollinger bands. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 95,00 (23 pips). If the support breaks then the target will be 94,00 (123 pips).
95,50 - 96,50
95,10 - 94,00

tags: Forex, usdjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.