USDJPY held immediate support at 103.75 as hoped & our positive signal ensured a return to 104.35. The break higher is not unexpected & could target 104.60/65, possibly as far as 105.05/15 today.
Below 104.35/30 is less positive short term but we have good support at 103.90/80 which should hold the downside. However on a break lower look for a buying opportunity at 103.40/35. Reports will be delivered throughout the holiday period.