USD/JPY is mostly flat as traders wait for the release of Durable Goods Orders report. The report is expected to show that Durable Goods Orders declined by 1% month-over-month in September. Today, traders will also focus on the final reading of Michigan Consumer Sentiment report, which is expected to indicate that Consumer Sentiment declined from 70.1 in September to 69 in October.

If USD/JPY settles back above the 152.00 level, it will head towards the next resistance level at 153.00 - 153.50.