There are no major economic reports in Japan. USDJPY failed to outgrow 104.850 area.
The support rests at 104.370 with resistance at 104.860 which the weekly pivot point is located at 104.590. The stochastic is showing downward pressure, the ADX is showing sell signals. MACD line is above the signal line in positive territory. RSI is moving on level 50. The indicators are showing mixed signals.
The resistance level breakout will push the price towards the upper Bollinger band; otherwise sellers can target the lower band at 104.200.

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