Japan will release the SPPI y/y, National Core CPI y/y and the US will publish Durable Goods Orders m/m, and Core Durable Goods Orders m/m.
The support rests at 111.560 with resistance at 111.610 which both lines are above the weekly pivot point at 110.68. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above 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 may grow towards the resistance zone but eventually it will decline to 109.

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