Corporate Service Price Index has been released in Japan and the US will publish Unemployment Claims, Continuing Claims and Goods Trade Balance.
The support rests at 109.810 with resistance at 111.080 which both lines are above the weekly pivot point at 109.180. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling 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.
While USDJPY is trying to consolidate within the support and resistance lines, it may be targeting the lower Bollinger band at 109.900.

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