Domestic Corporate Goods Price Index and Tertiary Industry Index were released in Japan and the US will publish Retail Sales, Capacity Utilization and Industrial Production.
The support rests at 106.960 with resistance at 107.530 which both lines are above the weekly pivot point at 106.580. 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 on 50 level, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
The resistance line seems to be too strong to be broken, pullbacks are expected for USDJPY targeting 106.500.