99,29. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 100,00. The downtrend should resume. The target is expected at 97,00.
100,00 - 100,50
98,80 - 97,75