There was BoJ Wakatabe Speech in Japan and the US will publish Bank Stress Test Results, NaturalGas Storage, Pending Home Sales m/m, Unemployment Claims, Final GDPPrice Index q/q and Final GDP q/q.
The support rests at 107.320 with resistance at 108.700 which the weekly pivot point at 107.700 is located in between the lines. 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 in overbought area, 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.
Considering the correction pattern USDJPY may continue its bullish trend towards 50 level of Fibonacci at 108.700.