Japan will release the Retail Sales y/y and Unemployment Rate and the US will publish Natural Gas Storage, Unemployment Claims, Personal Income m/m, Personal Spending m/m and Core PCE Price Index m/m.
The support rests at 111.400 with resistance at 111.990 which both lines are above the weekly pivot point at 110.84. 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 in the 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 not showing any clear signals.
While pullbacks are on the way, USDJPY may grow towards 112.

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