Japan will release the Unemployment Rate data and the US will publish CB Consumer Confidence, and S&P/CS Composite-20 HPI y/y.
The support rests at 112.370 with resistance at 113.070 which both lines are above the weekly pivot point at 112.050. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards 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 showing buy signal.
Considering the correction pattern, USDJPY may continue its growth towards 61.8 level of Fibonacci at 113.4.
