Japan released the Leading Indicators and Household Spending y/y. The US will publish Unemployment Rate, Non-Farm Employment Change and Average Hourly Earnings m/m.
The support rests at 107.770 with resistance at 108.010 which both lines are above the weekly pivot point at 107.620. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
USDJPY may continue its bullish trend towards 108.500.
