104,96. USD JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a resistance below 105,50. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
105,50 - 106,00
104,90 - 104,30