Leading Indicators was released in Japan. Despite the USD strengthening, the USDJPY trend is not growing smoothly.
The support rests at 106.130 with resistance at 106.490 which both lines are above the weekly pivot point at 106.030. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, 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.
USDJPY is trying to consolidate within the Bollinger bands.
