The currency pair went upwards on Tuesday and has broken out the resistance at 109,57. USD/JPY stays above this level in the moment of writing.

Closest support areas: 109,57, 109,25, 109,04

Closest resistance areas: 109,88, 110,26, 110,63

Macroeconomic data

JPY

Prelim Machine Tool Orders y/y

USD

Core Retail Sales m/m

Retail Sales m/m

Empire State Manufacturing Index

Capacity Utilization Rate

Industrial Production m/m

FOMC Member Quarles Speaks

Business Inventories m/m

NAHB Housing Market Index