Japan published the Final Manufacturing PMI, Tankan Non-Manufacturing Index and Tankan Manufacturing Index and the US will release ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI and Final Manufacturing PMI.
The support rests at 106.140 with resistance at 106.480 which both lines are above the weekly pivot point at 105.950. The EMA of 10 is moving with bearish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
The resistance level breakout will push the pair up towards 107, otherwise, USDJPY will fall towards the 61.8 level of Fibonacci at 105.5.

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