There are no major economic reports in Japan today but yen continues to strengthen.
The support rests at 104.020 with resistance at 104.740 which both lines are below the weekly pivot point at 104.930. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
As long as the bearish pressure remains, sellers can target 104.

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