BSI Manufacturing Index and Domestic Corporate Goods Price Index were released in Japan and the US will publish Consumer Price Index, Consumer Price Index Core and Federal Budget Balance.
The support rests at 105.970 with resistance at 106.300 which the weekly pivot point at 106.030 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on level 50, 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 is under pressure. Sellers can target 105.750.
