Economy Watchers Survey was released in Japan.
The support rests at 109.200 with resistance at 109.710 which both lines are above the weekly pivot point at 108.940. 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 in overbought area, 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.
Due to lack of economic data, USDJPY will be fluctuating within the ascendant channel but it is not going beyond the colored section.
