Leading Indicators and Economy Watchers Survey were released in Japan and Deputy Governor of the Bank of Japan Masayoshi Amamiya delivered a speech. Wholesale Inventories will be published in the US.
The support rests at 108.130 with resistance at 108.610 which the weekly pivot point at 107.800 is located below the lines. The EMA of 10 is moving with bullish bias in the long term ascendant channel and it is above the EMA of 100 and the EMA of 200. 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 up within the ascendant channel and it is targeting the upper Bollinger band at 108.900.