108,02. USD JPY broke 107,70 resistance. USD JPY is in a consolidation after the last bullish movement. USD JPY is in a range between 107,70 and 108,60. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 108,60 / 108,80. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
108,15 - 108,60
107,80 - 107,50