USDJPY: Retains Its Bullish Offensive Bias.

[FXTechstrategyTeam]

USDJPY: With the pair bullish and threatening further upside, more gains are likely in the days ahead. Resistance resides at the 105.00 level. Above here will resume its broader upside towards the 105.50 level. Further out, resistance resides at the 106.00 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support resides at the 103.00 level followed the 102.15 level. Further down, the 101.50 level and the 101.00 level come in as the next support followed by the 100.50 level. On the whole, USDJPY remains exposed to the upside medium term.