The currency pair surged on Thursday and broke out 105.24. USD/JPY stays above this level at press time.

Closest support areas: 105.24, 104.95, 104.57

Closest resistance areas: 105.51, 105.76, 106.06

Macroeconomic data

USD

Core Retail Sales m/m

Retail Sales m/m

Capacity Utilization Rat

Industrial Production m/m

Prelim UoM Consumer Sentiment

Business Inventories m/m

Prelim UoM Inflation Expectations

Federal Budget Balance