+0.36% on the USD/JPY 🇺🇸 🇯🇵. As wee see , the price lies below the 50&200 MA as there is barely been any significant spikes under this circumstance. The Volume spike together with the ROC swing are hinting that the pair is goin to set up above the 104.575 lvl. However , wee see that Stochastic is in the Overbought area , though with no signs of a crossover thus I expect the price to rise , but most probably being rejected by the 104.929 level. After that we shall see if the price indeed will manage to stay above the 0.236 fib level.
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