Japan released the Prelim Machine Tool Orders y/y and the US will publish Business Inventories m/m, Retail Sales m/m, and Core Retail Sales m/m.
The support rests at 110.770 with resistance at 111.500 which the weekly pivot point at 111.370 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
It seems that USDJPY is trying to grow towards the upper Bollinger band at 112.