Japan released PMI Composite and Tertiary Industry Index and the US will publish ISM Non-Manufacturing PMI, Final Services PMI and Crude Oil Inventories.
The support rests at 109.360 with resistance at 109.860 which both lines are above the weekly pivot point at 108.650. 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 moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
USDJPY may be targeting the previous high at 110.200.
