BOJ decided to leave the interest rates unchanged.
The support rests at 107.510 with resistance at 107.840 which the weekly pivot point at 107.590 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
USDJPY is trying to consolidate within the colored area however, the resistance line breakout will push the price up towards 108.

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