Average Cash Earnings and Household Spending were published in Japan and the US will release JOLTs Job Openings, NFIB Small Business Index and 10-y Bond Auction.
The support rests at 108.420 with resistance at 109.440 which both lines are above the weekly pivot point at 108.040. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling towards 50 level, the Stochastic is showing downward momentum and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
USDJPY is under pressure therefore sellers can target the lower Bollinger band at 107.150.