Monetary Base data was released in Japan and the US will release Unemployment Rate, Non-Farm Payrolls and Change in Manufacturing Payrolls.
The support rests at 110.190 with resistance at 110.790 which the weekly pivot point at 109.310 is located below the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is moving in low ranges, the RSI is falling towards level 50. The MACD is moving in negative territory and the ADX is showing sell signal.
USDJPY is trying to consolidate within the support and resistance lines. USDJPY is trying to reach the upper Bollinger band at 111 and later 111.400 will be expected.
