Japan has released the Economy Watchers Sentiment, Final GDPq/q, Final GDP Price Index y/y, Current Account, Bank Lending y/y and the US will publish JOLTS Job Openings.
The support rests at 112.310 with resistance at 112.830 which both lines are below the weekly pivot point at 112.920. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The resistance level breakout will push the pair up towards 113.2, otherwise USDJPY will fall towards 112.
