Monetary Policy Meeting Minutes, Corporate Service Price Index and BOJ Core CPI were released in Japan and the US will publish Consumer Confidence.
The support rests at 103.570 with resistance at 103.870 which the weekly pivot point at 103.730 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is above the EMA of 100 and below the EMA of 200. The Stochastic is showing downward momentum, the RSI is moving on level 50. The MACD is moving in neutral territory and the ADX is showing weak buy signal.
USDJPY is on bullish bias, buyers can target 104.200.
