89,44. USD JPY broke 90,00 support. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a support above 88,70 (74 pips). The consolidation should continue.
Resistances
90,00 - 91,65
Supports
89,10 - 88,70

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