Japan has released Final Manufacturing PMI and Capital Spending q/y.
The support rests at 110.730 with resistance at 111.130 which both lines are below the weekly pivot point at 111.210. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 100 and below the EMA of 200. The RSI is moving below the 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
USDJPY may fall towards the lower Bollinger band at 110.5.
