Core Machinery Orders and Prelim Machine Tool Orders were published in Japan and the US will release Consumer Price Index, Crude Oil Inventories and Federal Budget Balance.
The support rests at 106.210 with resistance at 106.900 which both lines are above the weekly pivot point at 105.900. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
USDJPY is trying to grow towards 107.300.
