Japan released Unemployment Rate, Retail Sales and Industrial Production data. The US will publish Personal Spending and Employment Cost Index.
The support rests at 108.730 with resistance at 109.090 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 oversold area, the Stochastic is moving in low ranges and the MACD line is on the signal line in the positive territory. The ADX is showing sell signal.
USDJPY is falling down within the descendant channel towards 108.600.