Yesterday USDJPY managed to stop further decline. Today BOJ Core CPI was released in Japan.
The support rests at 105.250 with resistance at 105.790 which the weekly pivot point at 105.520 is located in between the lines. The EMA of 10 is moving with bullish bias in the long term ascendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is showing upward momentum, the RSI is moving on level 50. The MACD is moving in positive territory and the ADX is showing buy signal.
USDJPY is recovering from the recent decline targeting 106.200.