While there are no major economic reports in the US, Japan released the Economy Watchers Sentiment, Final GDP q/q, Final GDP Price Index y/y, Current Account and Bank Lending y/y.
The support rests at 106.780 with resistance at 107.200 which both lines are above the weekly pivot point at 105.800. 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 moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
USDJPY may continue its growth towards the 61.8 level of Fibonacci at 107.500.
