Japan has released the Revised Industrial Production m/m and National Core CPI y/y. The US will publish Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m and Capacity Utilization Rate.
The support rests at 109.190 with resistance at 109.610 which both lines are above the weekly pivot point at 108.470. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
It seems that USDJPY is growing up testing 110 area.
