While JPY was acting weak against USD, Japanese Manufacturing PMI supported this pair.
The support rests at 113.250 with resistance at 113.610 which the weekly pivot point at 113.450 is located in between the lines. The EMA of 10 is moving with bullish bias and it is close to the EMA of 100 and the EMA of 200. The RSI is moving horizontally on the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The ADX is showing buy signals.
The chart seems bullish targeting 115.00.

usdjpy analysis

usdjpy