Prelim Machine Tool Orders was released in Japan and the US will publish Building Permits and Housing Starts.
The support rests at 105.320 with resistance at 105.690 which the weekly pivot point at 105.420 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above level 50, 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 signals.
USDJPY is fluctuating within the horizontal channel. The bullish pressure is pushing the price towards 105.800.

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