Unemployment Rate and BOJ Core CPI have been released in Japan and the US will publish Consumer Confidence and Wholesale Inventories.
The support rests at 107.080 with resistance at 107.430 which both lines are below the weekly pivot point at 107.610. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving below 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the neutral territory. The ADX is showing sell signal.
USDJPY is falling down towards 106.700.
