As mentioned yesterday that the USDJPY is in the oversold area. MACD is curving Up on Chart showing a way towards 105.15 - 105.78 near term. The market powered an upside breakout from sideways congestion, kicking off a likely drive to 105.78 and chance for a larger bull move to 106.40.

R2         105.45
R1         105.15
 

S1         104.74
S2         104.46