Unemployment Rate, Capital Spending and PMI Manufacturing were released in Japan and the US will publish ISM Manufacturing, Construction Spending and ISM Manufacturing Prices.
The support rests at 105.540 with resistance at 106.170 which the weekly pivot point at 105.830 is located in between the lines. The EMA of 10 is moving with bearish bias in the horizontal channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling below level 50, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
USDJPY is falling down towards the lower Bollinger band at 105.
