USD/JPY had another bullish session as it extended to ride higher and concluded the day around its highs at 103.778, with a gain of 31 pips. Right now, the support is found at 103.40, at 102.75 and around 102.41. While, it is likely to face resistance at 104.110, and around the 105.55 level.

Fundamentals:

JPY:

Economy Watchers Sentiment

USD:

NFIB Small Business Index

Technical Levels:

R3: 105.26
R2: 104.26
R1: 103.87
Pivot Point: 103.26
S1: 102.87
S2: 102.26
S3: 101.27

Recommendation:

1) Good to Sell Below 104.450
SL: 104.750
TP: 103.850

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