Japanese Yen tested support under 95 Yen before the dramatic change of mood saw the Yen weaken so fast some commentators thought there was intervention happening. AUD/JPY surged to 73.50 from 70.50. USD/JPY broke above 96.20 to finish on a bullish footing. Looking ahead, March Industrial Output previously at 1.6%.With R1: 97.10 ,R2: 97.20 and S1:95.80,S2:95.60.Yen chart is expected to have a bullish correction for the day . With the trading range between 95.90-96.90 levels. Stochastic and momentum are seen trending up and RSI is also confirming the bull trend.
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