94,21. USD JPY broke 94,60 support. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are parallel and form the trend. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a support above 94,00 (21 pips). The consolidation should continue. If the support breaks then the target will be 93,30 (91 pips).
Resistances
94,60 - 95,35
Supports
94,00 - 93,30

tags: Forex, usdjpy
author: Arnaud Jeulin
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