Monetary Base and 10-Year JGB Auction were released in Japan.
The support rests at 107.430 with resistance at 107.940 which the weekly pivot point at 107.610 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
USDJPY may grow towards 108 but it is not growing further.
