Corporate Service Price Index was released in Japan. The US will publish Durable Goods Orders and Baker Hughes U.S. Rig Count.
The support rests at 105.290 with resistance at 105.640 which both lines are above the weekly pivot point at 105. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above level 50, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
The correction pattern has been completed. USDJPY may be fluctuating within the support and resistance lines.
