Nikkei Manufacturing PMI Final has been released in Japan and the US will publish ISM Manufacturing PMI and Total Vehicle Sales.
The support rests at 112.600 with resistance at 113.100 which both lines are above the weekly pivot point at 112.050. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support level breakthrough will push the pair down towards the lower Bollinger band at 112, otherwise it may grow up towards 113.5.
