Japan has published the 10-y Bond Auction and the US will release Trade Balance.
The support rests at 111.310 with resistance at 111.800 which both lines are above the weekly pivot point at 111.210. 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 falling towards the 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
The market is going to be volatile. 111 level will most probably remain the floor while the price may grow towards 112.
