Japan released the SPPI y/y and the US will publish Natural Gas Storage, Unemployment Claims, Prelim Wholesale Inventories m/m, Goods Trade Balance, Durable Goods Orders m/m and Core Durable Goods Orders m/m.
The support rests at 107.990 with resistance at 108.260 which both lines are above the weekly pivot point at 107.780. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing sell signal.
The indicators are showing mixed signals, USDJPY may grow towards the upper Bollinger band at 108.300.