Japan released Monetary Policy Meeting Minutes and there was BoJ MPC Interest Rate Announcement.
The support rests at 105.160 with resistance at 107.010 which the weekly pivot point at 105.900 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising above 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The bullish trend may be limited to the resistance line. USDJPY will be fluctuating within the support and resistance lines.
