There are no major economic reports in Japan but Crude Oil Inventories, Natural Gas Storage, Capacity Utilization Rate, Industrial Production m/m, Unemployment Claims, Housing Starts, Building Permits and Philly Fed Manufacturing Index will be released in the US.
The support rests at 108.580 with resistance at 108.980 which both lines are above the weekly pivot point at 107.910. 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 moving above 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
The price may grow towards 109.010 but the price decline will begin soon.