USD/JPY - Dollar Yen
Short term (Intraday)
103,12. USD/JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
103,40 - 103,65
Supports
102,80 - 102,30
