There are no major economic reports in Japan but the US will publish Consumer Price Index and Consumer Price Index Core.
The support rests at 108.510 with resistance at 109.200 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 showing upward momentum, the RSI is moving in overbought area. The MACD is moving in negative territory and the ADX is showing buy signal.
While considering pullbacks on the way buyers can expect the upper Bollinger band at 109.200 and then target 110.

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