Daily
The pair swings; it moves up and down and it happens between the correctional levels of Fibonacci 261.8% - 95.55 and 323.6% - 100.05. The rebound from the level of correction 323.6% allows us to consider the reverse of the Japanese currency and the drop of the quotes towards the level of Fibonacci 261.8%. On the contrary, rebound from the level of Fibonacci 261.8% gives us reason to expect the growth of the pair towards the level of correction 323.6%. On the daily chart no new divergences are observed. Consolidation of the pair under the level of correction 261.8% increases the possibility of the continuation of quotes drop to the level of correction 200.0% - 91.16. All the indicators are in neutral position at the moment.
4h
On the H4 the pair has dropped to the correctional level of Fibonacci 23.6% - 97.47, after it, the pair reversed towards the US dollar and consolidated above the level. As the result, the rise of the quotes may continue towards the next correctional level 0.0% - 103.71. Consolidation of the pair under the level of Fibonacci 23.6% gives us the reason to assume the drop of the currency rate towards the level of correction 38.2% - 93.64.
The divergence that was about to appear dissolved, no new divergences are observed. On the daily chart the quotes move between the levels of correction 261.8% and 323.6%, the pair often makes reverses.