Japan released the 10-y Bond Auction and Monetary Base y/y and the US is not publishing any economic data.
The support rests at 108.960 with resistance at 109.380 which the weekly pivot point at 109.270 is located in between lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above 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 below the signal line in the negative territory. The ADX is not showing any clear signals.
The price may fall towards the lower Bollinger band but it will grow again towards 109.500.
