Japan is not releasing any economic data while the US will publish TIC Long-Term Purchases, NAHB Housing Market Index, Industrial Production m/m and Capacity Utilization Rate.
The support rests at 107.940 with resistance at 108.520 which both lines are above the weekly pivot point at 107.700. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards oversold line, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
It seems that USDJPY is growing up within the ascendant channel targeting 108.600.