Japan released the Prelim Machine Tool Orders y/y and the US will publish Treasury Currency Report, 10-y Bond Auction, Crude Oil Inventories, JOLTS Job Openings and Final Wholesale Inventories m/m.
The support rests at 106.920 with resistance at 107.380 which the weekly pivot point at 107.290 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant 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 buy signal.
USDJPY may grow towards 61.8 level of Fibonacci at 107.600.