Japan released Tokyo Core CPI y/y report. The US will publish Pending Home Sales m/m, CB Consumer Confidence, and S&P/CS Composite-20 HPI y/y.
The support rests at 108.730 with resistance at 109.050 which both lines are above the weekly pivot point at 108.560. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, 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 growing up within the bullish area targeting 109.200.