The US dollar strengthened and the stock market declined. Household Spending, Prelim Machine Tool Orders and Leading Indicators were released in Japan.
The support rests at 103.540 with resistance at 104.230 which the weekly pivot point at 103.370 is located below the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The Stochastic is moving in high ranges, the RSI is moving in overbought area. The MACD is moving in positive territory and the ADX is showing buy signal.
USDJPY is growing within the ascendant channel targeting 104.500.