Japan is publishing Consumer Confidence and Nikkei Manufacturing PMI Final reports and the US is releasing Unemployment Rate and Non-Farm Payrolls.
The support rests at 109.880 with resistance at 110.280 which both lines are above the weekly pivot point at 109.260. The EMA of 10 is moving with bullish bias along the ascendant channel but it is below the EMA of 200 and above the EMA of 100. The RSI is rising towards the overbought area, the Stochastic is moving in low ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.
Long positions are recommended towards 110.68.

usdjpy analysis