BOJ Governor Haruhiko Kuroda Speaks in Japan. JPY declined after the slight growth of USD.
The support rests at 104.360 with resistance at 104.86 which both lines are above the weekly pivot point at 104.210. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 100 and 200. Almost all indicators are showing bullish signs but the ADX is not showing any clear signals.
As long as the support line remains intact, buyers can target 104.900.
