Japan released Average Cash Earnings, Household Spending and the US will publish Change in Manufacturing Payrolls, Non-Farm Payrolls and Unemployment Rate.
The support rests at 109.830 with resistance at 110.120 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 showing downward momentum 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 the upper Bollinger band at 110.300.
