Japan is not releasing any economic reports today but the US will publish Revised UoM Inflation Expectations and Revised UoM Consumer Sentiment.
The support rests at 108.560 with resistance at 108.770 which both lines are above the weekly pivot point at 108.460. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, 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 is growing towards 108.900 slowly.
