Japan released the 30-y Bond Auction and the US will publish Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y.
The support rests at 111.240 with resistance at 111.600 which both lines are above the weekly pivot point at 110.510. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
It seems that USDJPY is fluctuating within the Bollinger bands.
