PMI Manufacturing data has been released in Japan and the US will publish ISM Manufacturing.
The support rests at 108.380 with resistance at 108.760 which the weekly pivot point at 108.650 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support line seems to be too strong to be broken so USDJPY may grow towards 109.400.