Japan has released the Flash Manufacturing PMI data and the US will publish some Economic Data such as Existing Home Sales, Flash Services PMI and Flash Manufacturing PMI.
The support rests at 107.650 with resistance at 108.030 which both lines are above the weekly pivot point at 107.450. 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 in overbought area, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
USDJPY will continue its bullish trend towards 108.5.

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