The currency pair surged on Thursday and has broken out 107.06 resistance area. USD/JPY stays above this level at press time.

Closest support areas: 107.06, 106.77, 106.29

Closest resistance areas: 107.40, 107.71, 108.14

Macroeconomic data

USD

Building Permits

Housing Starts

Prelim UoM Consumer Sentiment

Prelim UoM Inflation Expectations