Japan released the Consumer Confidence, Final Manufacturing PMI, Tankan Non-Manufacturing Index, and Tankan Manufacturing Index and The US will publish ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI and Final Manufacturing PMI.
The support rests at 107.910 with resistance at 108.540 which both lines are above the weekly pivot point at 107.620. The EMA of 10 is moving with bullish bias in the ascendant 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 high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The resistance level breakout will confirm the price growth towards 109.