There are no major economic reports in Japan but FOMC member Michelle Bowman will deliver a speech today.
The support rests at 105.390 with resistance at 105.930 which the weekly pivot point at 105.520 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is showing upward momentum, the RSI is moving above level 50. The MACD is moving in neutral territory and the ADX is showing buy signal.
It seems that USDJPY is growing within the ascendant channel. The bulls are targeting 106.500.

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