Japan released the Tertiary Industry Activity m/m and the US will publish Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m and CPI m/m.
The support rests at 107.550 with resistance at 108.390 which the weekly pivot point at 108.210 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards 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 showing sell signal.
It seems that USDJPY is falling down within Andrew’s Pitchfork targeting 107.100.