Japan has released Nikkei Manufacturing PMI Final and the US will publish ISM Manufacturing PMI.
The support rests at 113.290 with resistance at 113.640 which the weekly pivot point at 113.470 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling towards 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 weak buy signal.
The support line seems to be too strong to be broken therefore USDJPY may grow towards 113.8.
