Japan will release the Tertiary Industry Activity m/m, PPI y/y and Core Machinery Orders m/m. The US will also publish Federal Budget Balance, 10-y Bond Auction, Crude Oil Inventories, Core CPI m/m and CPI m/m.
The support rests at 113.300 with resistance at 113.550 which both lines are above the weekly pivot point at 112.920. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, 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 growing within Andrews’ Pitchfork towards 114.