Retail Sales, Industrial Production and Consumer Confidence have been released in Japan and the US will publish Unemployment Claims, Employment Cost Index and PCE Core.
The support rests at 106.030 with resistance at 106.960 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 downward momentum and the MACD line is on the signal line in the neutral territory. The ADX is showing sell signal.
USDJPY is falling down within the descendant channel targeting 106.