The dollar/yen bulls attempting to break above the recent range on the upbeat market mood fueled by the positive vaccine news, as Britain became the first Western nation to begin a vaccination campaign. The broader risk-on sentiment along with the US fiscal stimulus headlines, should continue to boost the pair higher towards at least 104.40 in the near-term.
Support: 103.70 / 103.20
Resistance: 104.20 / 104.75