103,19. USD JPY is in an downtrend directed by 15min exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 102,80. We won't take a position. The risk/reward ratio is too high to take a position..
103,55 - 103,90
102,85 - 102,50