While Japan is not releasing any economic data, the US is publishing Housing Starts, and Building Permits.
The support rests at 112.340 with resistance at 112.720 which both lines are below the weekly pivot point at 113.110. 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 moving in oversold area, 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.
USDJPY may decline within Andrews’ Pitchfork towards the previous low at 112.2 but then buyers can return to the market.