There are no major economic reports in Japan but there will be FOMC Members’ talks in the US.
The support rests at 109.590 with resistance at 110.010 which both lines are above the weekly pivot point at 109.370. 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 below the signal line in the negative territory. The ADX is showing buy signal.
USDJPY is trying to consolidate within the support and resistance lines. The resistance level breakout will push the price up towards 110.300.