USD/JPY Continues Lifting Above 79

On Wednesday Dollar/Yen resumed increasing with 40 pip range. The currency couple appreciated from 78.70 to 79.13 yesterday, matching the positive money flow sentiment at above +23%, closing the day at 78.92. This morning the Dollar ascended slightly further against the Yen, reaching 79.27.
On the 1 hour chart quotes are testing the upper limit of the trading range, while on the 3 hour chart quotes are moving within wider range. Break above today's top and nearest resistance 79.21 would encourage further recovery of the Dollar. Immediate support is yesterday's bottom at 78.61, and consistent break bellow it could strengthen the Yen further down towards next target 77.74.
There are no major economic events for Japan today.