Japan released Tankan Manufacturing Index, Tankan Large All Industry Capex and PMI Manufacturing data and the US will publish ISM Manufacturing and Crude Oil Inventories data.
The support rests at 106.980 with resistance at 108.220 which both lines are below the weekly pivot point at 109.150. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing sell signal.
USDJPY is falling down within the descendant channel targeting 106.