USDJPY retested 103.37 highs last week which as stated yesterday is strong resistance & should hold a move higher. We topped exactly here & fell back to 103.13 & if we continue lower today look for a test of support at 102.98/93.
This should hold the downside but any longs need stops below 102.85 for a test of the next support at 102.70.
Immediate resistance in the 103.35/40 area & could hold a move higher again today. However on a break look for a selling opportunity up to this year's high at 103.73.