Japan released the Trade Balance data and the US will publish Crude Oil Inventories.
The support rests at 108.220 with resistance at 108.700 which both lines are below the weekly pivot point at 108.770. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and below 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.
USDJPY is falling down slowly towards 108.150.
