99,17. 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 is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 100,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
100,00 - 101,00
98,65 - 97,75