Japan is not releasing any economic data but the US will publish New Home Sales.
The support rests at 108.490 with resistance at 109.360 which both lines are below the weekly pivot point at 109.560. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought 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 is falling down towards 108.500.
