Tertiary Industry Index and PMI Composite data were published in Japan and the US will release Unemployment Rate, Non-Farm Payrolls and ISM Non-Manf.
The support rests at 107.490 with resistance at 108.290 which both lines are below the weekly pivot point at 109.150. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving on 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
While USDJPY is trying to consolidate within the Bollinger bands, the bearish pressure is pulling the price down towards 106.500.