PMI Manufacturing, Tertiary Industry Index and PMI Composite were published in Japan. Unemployment Claims and Continuing Claims will be released in the US.
The support rests at 107.510 with resistance at 107.940 which the weekly pivot point at 107.670 is located in between the lines. 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 moving below 50 level, the Stochastic is moving in middle ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
USDJPY is growing gradually in a tight range. Long positions are recommended towards 108.500.