BSI Manufacturing Index was released in Japan, the US will publish PPI, PPI Core and Michigan Consumer Sentiment Index.
The support rests at 108.600 with resistance at 109.330 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 neutral territory and the ADX is showing buy signal.
USDJPY is growing up within the ascendant channel targeting 110.

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