Yen drops on better risk appetite-April 29.

Japanese Yen used the weak Asian stocks to make fresh gains across the board led by the EUR/JPY. USD/JPY broke below 96 yen but found a lot of support below which as sentiment reversed in the US so did the crosses direction.With R1: 97.60 and R2: 97.80 levels and S1:96.10, S2:96.00
Yen chart pattern indicates a small bullish correction for the day . Trading range for the day is expected between 96.20 – 97.50 levels . Stochastic and momentum are seen trending have turned from the oversold levels and are seen trending up and the currency is also trading on the moving averages.