Leading Indicators was released in Japan, the US will publish New Home Sales.
The support rests at 104.600 with resistance at 105.120 which the weekly pivot point at 104.930 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 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 showing buy signal.
USDJPY is expected to hit the upper Bollinger band and then target 105.500.