93,98. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 93,60 (38 pips).
Resistances
94,40 - 95,05
Supports
93,90 - 93,40

tags: Forex, usdjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.