USD is not acting strong in USDJPY due to the US jobs report on Friday.
The support rests at 111.640 with resistance at 112.040 which both lines are below the weekly pivot point at 113.180. The EMA of 10 is moving with bearish bias and it is located above the EMA of 200 and the EMA of 100. The RSI is moving horizontally close to the oversold area, the Stochastic is moving in low ranges and the MACD indicator is in negative territory. The ADX is not showing any clear signals.
USDJPY will continue its bearish tone towards 111.50 then buyers can open their positions and gain profit.

usdjpy analysis