National CPI, National CPI ex Fresh Food and Summary of Opinions were released in Japan and the US will publish Consumer Confidence and Goods Trade Balance.
The support rests at 105.310 with resistance at 105.820 which both lines are above the weekly pivot point at 105.090. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is falling towards level 50, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
USDJPY is trying to consolidate below the resistance line. The decline may go towards 105.20.