Japan released Watchers Sentiment, Prelim GDP q/q, Prelim GDP Price Index y/y and M2 Money Stock y/y. The US will publish PPI m/m and Core PPI m/m.
The support rests at 105.700 with resistance at 106.180 which both lines are below the weekly pivot point at 107.480. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing sell signal.
Considering Elliot wave pattern, USDJPY is probably growing up towards 106.500.

usdjpy