Japan will not release any economic data today, but the US will publish some economic data such as Beige Book, Crude Oil Inventories, Housing Starts, and Building Permits.
The support rests at 107.980 with resistance at 108.400 which the weekly pivot point at 108.230 is located in between the lines. 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 above the signal line in the positive territory. The ADX is not showing any clear signals.
USDJPY may continue its bullish trend towards the upper Bollinger band at 108.500.
