There are no major economic reports in Japan but the US will release Factory Orders MoM.
The support rests at 111.180 with resistance at 111.360 which both lines are below the weekly pivot point at 111.430. 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 moving below 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 under pressure therefore sellers can target 111.
