Industrial Production was released in Japan and BOJ Governor Haruhiko Kuroda delivered a speech. Retail Sales data will be published in the US today.
The support rests at 108.990 with resistance at 109.580 which the weekly pivot point at 108.860 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.
Growing up very gradually USDJPY is targeting 110.